Spectrum Wealth Advisory Group LLC Increases Stock Holdings in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON)

Spectrum Wealth Advisory Group LLC increased its holdings in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 64.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 204,388 shares of the company’s stock after acquiring an additional 80,416 shares during the quarter. First Trust TCW Unconstrained Plus Bond ETF comprises approximately 2.4% of Spectrum Wealth Advisory Group LLC’s portfolio, making the stock its 12th biggest position. Spectrum Wealth Advisory Group LLC owned 0.22% of First Trust TCW Unconstrained Plus Bond ETF worth $5,038,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. LPL Financial LLC lifted its stake in First Trust TCW Unconstrained Plus Bond ETF by 27.2% in the third quarter. LPL Financial LLC now owns 10,319,218 shares of the company’s stock worth $259,322,000 after acquiring an additional 2,207,155 shares during the period. Harbour Investments Inc. lifted its position in First Trust TCW Unconstrained Plus Bond ETF by 19.8% during the third quarter. Harbour Investments Inc. now owns 3,439,085 shares of the company’s stock valued at $86,424,000 after buying an additional 568,292 shares during the period. HighTower Advisors LLC lifted its position in First Trust TCW Unconstrained Plus Bond ETF by 2.8% during the third quarter. HighTower Advisors LLC now owns 2,060,519 shares of the company’s stock valued at $51,756,000 after buying an additional 55,446 shares during the period. Wagner Wealth Management LLC lifted its position in First Trust TCW Unconstrained Plus Bond ETF by 20.2% during the fourth quarter. Wagner Wealth Management LLC now owns 2,057,359 shares of the company’s stock valued at $50,714,000 after buying an additional 345,506 shares during the period. Finally, Aptus Capital Advisors LLC lifted its position in First Trust TCW Unconstrained Plus Bond ETF by 29.1% during the third quarter. Aptus Capital Advisors LLC now owns 1,519,337 shares of the company’s stock valued at $38,181,000 after buying an additional 342,346 shares during the period.

First Trust TCW Unconstrained Plus Bond ETF Price Performance

Shares of First Trust TCW Unconstrained Plus Bond ETF stock opened at $24.73 on Friday. The business has a fifty day simple moving average of $24.66 and a two-hundred day simple moving average of $24.84. First Trust TCW Unconstrained Plus Bond ETF has a 12 month low of $24.09 and a 12 month high of $25.34.

First Trust TCW Unconstrained Plus Bond ETF Company Profile

The First Trust TCW Unconstrained Plus Bond ETF (UCON) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund, which broadly invests in various fixed income securities of almost any sector, maturity, or credit quality. UCON was launched on Jun 4, 2018 and is managed by First Trust.