Ergawealth Advisors Inc. Lowers Position in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON)

Ergawealth Advisors Inc. lessened its stake in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 27.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,154 shares of the company’s stock after selling 6,459 shares during the quarter. Ergawealth Advisors Inc.’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $423,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of UCON. LPL Financial LLC boosted its holdings in First Trust TCW Unconstrained Plus Bond ETF by 27.2% during the 3rd 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 last quarter. Harbour Investments Inc. lifted its position in shares of 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 purchasing an additional 568,292 shares in the last quarter. HighTower Advisors LLC boosted its holdings 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 worth $51,756,000 after purchasing an additional 55,446 shares during the last quarter. Wagner Wealth Management LLC boosted its holdings 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 worth $50,714,000 after purchasing an additional 345,506 shares during the last quarter. Finally, Truist Financial Corp grew its position in First Trust TCW Unconstrained Plus Bond ETF by 9.4% in the 4th quarter. Truist Financial Corp now owns 1,982,316 shares of the company’s stock worth $48,864,000 after purchasing an additional 169,535 shares in the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Price Performance

First Trust TCW Unconstrained Plus Bond ETF stock opened at $24.84 on Friday. The company’s 50 day moving average price is $24.66 and its two-hundred day moving average price is $24.83. First Trust TCW Unconstrained Plus Bond ETF has a 52 week low of $24.09 and a 52 week high of $25.34.

About First Trust TCW Unconstrained Plus Bond ETF

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.