Spectrum Wealth Advisory Group LLC Invests $3.12 Million in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON)

Spectrum Wealth Advisory Group LLC bought a new position in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor bought 123,972 shares of the company’s stock, valued at approximately $3,115,000. First Trust TCW Unconstrained Plus Bond ETF accounts for about 1.7% of Spectrum Wealth Advisory Group LLC’s holdings, making the stock its 14th biggest holding. Spectrum Wealth Advisory Group LLC owned approximately 0.13% of First Trust TCW Unconstrained Plus Bond ETF as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of UCON. Trustmark National Bank Trust Department purchased a new stake in First Trust TCW Unconstrained Plus Bond ETF during the 1st quarter valued at about $258,000. CreativeOne Wealth LLC bought a new stake in First Trust TCW Unconstrained Plus Bond ETF during the 1st quarter worth approximately $349,000. Econ Financial Services Corp raised its stake in First Trust TCW Unconstrained Plus Bond ETF by 273.4% during the 1st quarter. Econ Financial Services Corp now owns 124,423 shares of the company’s stock worth $3,061,000 after acquiring an additional 91,100 shares during the period. Comerica Bank grew its holdings in First Trust TCW Unconstrained Plus Bond ETF by 49.6% during the 1st quarter. Comerica Bank now owns 66,204 shares of the company’s stock valued at $1,629,000 after buying an additional 21,951 shares in the last quarter. Finally, XML Financial LLC grew its holdings in First Trust TCW Unconstrained Plus Bond ETF by 2.2% during the 1st quarter. XML Financial LLC now owns 298,244 shares of the company’s stock valued at $7,337,000 after buying an additional 6,551 shares in the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Stock Up 0.2 %

Shares of UCON opened at $24.70 on Monday. First Trust TCW Unconstrained Plus Bond ETF has a 1 year low of $23.94 and a 1 year high of $25.34. The company has a 50 day simple moving average of $24.97 and a two-hundred day simple moving average of $24.76.

First Trust TCW Unconstrained Plus Bond ETF 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.