Ergawealth Advisors Inc. Reduces Stock Position in First Trust TCW Unconstrained Plus Bond ETF $UCON

Ergawealth Advisors Inc. trimmed its holdings in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 3.6% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,731 shares of the company’s stock after selling 470 shares during the period. Ergawealth Advisors Inc.’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $317,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of UCON. Maseco LLP bought a new position in shares of First Trust TCW Unconstrained Plus Bond ETF in the second quarter worth $41,000. Rossby Financial LCC bought a new position in First Trust TCW Unconstrained Plus Bond ETF in the 1st quarter worth about $61,000. Migdal Insurance & Financial Holdings Ltd. bought a new position in First Trust TCW Unconstrained Plus Bond ETF in the 1st quarter worth about $101,000. Thurston Springer Miller Herd & Titak Inc. grew its holdings in First Trust TCW Unconstrained Plus Bond ETF by 81.7% during the 1st quarter. Thurston Springer Miller Herd & Titak Inc. now owns 4,869 shares of the company’s stock valued at $121,000 after buying an additional 2,189 shares in the last quarter. Finally, Spire Wealth Management increased its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 77.0% during the first quarter. Spire Wealth Management now owns 5,068 shares of the company’s stock valued at $125,000 after buying an additional 2,204 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 $25.25 on Friday. The company’s 50-day moving average price is $25.06 and its 200-day moving average price is $24.83. First Trust TCW Unconstrained Plus Bond ETF has a 12-month low of $24.38 and a 12-month high of $25.40.

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.