GPS Wealth Strategies Group LLC Acquires 98,410 Shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON)

GPS Wealth Strategies Group LLC boosted its stake in shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 133.6% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 172,086 shares of the company’s stock after acquiring an additional 98,410 shares during the quarter. GPS Wealth Strategies Group LLC’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $4,259,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of UCON. LPL Financial LLC increased its holdings in First Trust TCW Unconstrained Plus Bond ETF by 15.9% during the 4th quarter. LPL Financial LLC now owns 11,963,596 shares of the company’s stock worth $294,903,000 after purchasing an additional 1,644,378 shares during the period. Bank of America Corp DE raised its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 25.2% in the fourth quarter. Bank of America Corp DE now owns 4,827,054 shares of the company’s stock worth $118,987,000 after buying an additional 972,637 shares during the last quarter. Wells Fargo & Company MN grew its stake in First Trust TCW Unconstrained Plus Bond ETF by 28.0% during the 4th quarter. Wells Fargo & Company MN now owns 4,211,307 shares of the company’s stock valued at $103,809,000 after purchasing an additional 921,134 shares during the last quarter. Harbour Investments Inc. boosted its holdings in First Trust TCW Unconstrained Plus Bond ETF by 15.6% in the fourth quarter. Harbour Investments Inc. now owns 3,975,370 shares of the company’s stock valued at $97,993,000 after purchasing an additional 536,285 shares during the last quarter. Finally, Royal Bank of Canada increased its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 6.0% during the 4th quarter. Royal Bank of Canada now owns 3,200,433 shares of the company’s stock valued at $78,890,000 after purchasing an additional 182,381 shares in the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Price Performance

Shares of UCON opened at $24.73 on Thursday. First Trust TCW Unconstrained Plus Bond ETF has a 12 month low of $24.38 and a 12 month high of $25.34. The stock’s 50 day moving average is $24.63 and its two-hundred day moving average is $24.70.

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.