WESPAC Advisors LLC Reduces Stock Holdings in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON)

WESPAC Advisors LLC cut its holdings in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 37.2% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 54,907 shares of the company’s stock after selling 32,549 shares during the period. First Trust TCW Unconstrained Plus Bond ETF comprises about 1.1% of WESPAC Advisors LLC’s holdings, making the stock its 25th largest position. WESPAC Advisors LLC owned about 0.06% of First Trust TCW Unconstrained Plus Bond ETF worth $1,342,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in UCON. International Assets Investment Management LLC acquired a new stake in First Trust TCW Unconstrained Plus Bond ETF during the 4th quarter valued at $3,100,000. Fi3 FINANCIAL ADVISORS LLC purchased a new stake in First Trust TCW Unconstrained Plus Bond ETF during the 4th quarter worth about $692,000. Private Advisor Group LLC raised its stake in First Trust TCW Unconstrained Plus Bond ETF by 0.6% in the 4th quarter. Private Advisor Group LLC now owns 326,285 shares of the company’s stock valued at $8,072,000 after purchasing an additional 2,101 shares during the last quarter. Apollon Wealth Management LLC lifted its holdings in First Trust TCW Unconstrained Plus Bond ETF by 53.9% in the 4th quarter. Apollon Wealth Management LLC now owns 884,037 shares of the company’s stock valued at $21,871,000 after purchasing an additional 309,635 shares in the last quarter. Finally, N.E.W. Advisory Services LLC boosted its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 84.7% during the 4th quarter. N.E.W. Advisory Services LLC now owns 237,714 shares of the company’s stock worth $5,881,000 after purchasing an additional 108,987 shares during the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Stock Performance

Shares of NYSEARCA UCON traded down $0.03 during midday trading on Friday, reaching $24.98. 676,635 shares of the stock were exchanged, compared to its average volume of 655,201. The stock has a 50 day moving average price of $24.75 and a 200-day moving average price of $24.56. First Trust TCW Unconstrained Plus Bond ETF has a 52-week low of $23.45 and a 52-week high of $25.08.

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.