Geneos Wealth Management Inc. Sells 216,849 Shares of First Trust TCW Unconstrained Plus Bond ETF $UCON

Geneos Wealth Management Inc. lessened its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 32.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 446,538 shares of the company’s stock after selling 216,849 shares during the period. Geneos Wealth Management Inc.’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $11,248,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the business. Jane Street Group LLC raised its holdings in First Trust TCW Unconstrained Plus Bond ETF by 904.5% during the 1st quarter. Jane Street Group LLC now owns 596,382 shares of the company’s stock worth $14,760,000 after buying an additional 537,010 shares during the period. Darwin Wealth Management LLC bought a new stake in shares of First Trust TCW Unconstrained Plus Bond ETF during the second quarter worth $8,803,000. HBW Advisory Services LLC raised its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 776.4% during the second quarter. HBW Advisory Services LLC now owns 389,311 shares of the company’s stock worth $9,690,000 after acquiring an additional 344,889 shares during the period. Wealth Advisory Team LLC bought a new stake in First Trust TCW Unconstrained Plus Bond ETF in the 2nd quarter valued at $7,833,000. Finally, Spectrum Wealth Advisory Group LLC lifted its position in First Trust TCW Unconstrained Plus Bond ETF by 79.4% in the 2nd quarter. Spectrum Wealth Advisory Group LLC now owns 683,331 shares of the company’s stock valued at $17,008,000 after acquiring an additional 302,458 shares in the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Trading Up 0.0%

UCON stock opened at $25.18 on Tuesday. The stock has a 50-day moving average price of $25.19 and a two-hundred day moving average price of $25.09. First Trust TCW Unconstrained Plus Bond ETF has a 1 year low of $24.38 and a 1 year high of $25.63.

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.