Spectrum Wealth Advisory Group LLC Has $2.82 Million Stake in First Trust TCW Unconstrained Plus Bond ETF $UCON

Spectrum Wealth Advisory Group LLC trimmed its holdings in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 82.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 111,945 shares of the company’s stock after selling 513,786 shares during the period. First Trust TCW Unconstrained Plus Bond ETF comprises about 1.0% of Spectrum Wealth Advisory Group LLC’s investment portfolio, making the stock its 19th largest holding. Spectrum Wealth Advisory Group LLC’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $2,818,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Savvy Advisors Inc. grew its stake in First Trust TCW Unconstrained Plus Bond ETF by 2.7% in the third quarter. Savvy Advisors Inc. now owns 15,508 shares of the company’s stock valued at $391,000 after acquiring an additional 405 shares during the period. Huntleigh Advisors Inc. grew its stake in First Trust TCW Unconstrained Plus Bond ETF by 2.5% in the fourth quarter. Huntleigh Advisors Inc. now owns 18,059 shares of the company’s stock valued at $455,000 after acquiring an additional 439 shares during the period. Axis Wealth Partners LLC grew its stake in First Trust TCW Unconstrained Plus Bond ETF by 4.0% in the fourth quarter. Axis Wealth Partners LLC now owns 13,058 shares of the company’s stock valued at $329,000 after acquiring an additional 501 shares during the period. Stratos Wealth Advisors LLC grew its stake in First Trust TCW Unconstrained Plus Bond ETF by 1.6% in the third quarter. Stratos Wealth Advisors LLC now owns 35,286 shares of the company’s stock valued at $889,000 after acquiring an additional 559 shares during the period. Finally, Cresset Asset Management LLC grew its stake in First Trust TCW Unconstrained Plus Bond ETF by 9.2% in the second quarter. Cresset Asset Management LLC now owns 9,018 shares of the company’s stock valued at $224,000 after acquiring an additional 757 shares during the period.

First Trust TCW Unconstrained Plus Bond ETF Price Performance

NYSEARCA:UCON opened at $24.90 on Friday. First Trust TCW Unconstrained Plus Bond ETF has a 1 year low of $24.41 and a 1 year high of $25.63. The stock has a 50-day moving average price of $24.88 and a two-hundred day moving average price of $25.06.

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.