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

GPS Wealth Strategies Group LLC grew its holdings in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 133.6% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 172,086 shares of the company’s stock after purchasing an additional 98,410 shares during the period. GPS Wealth Strategies Group LLC owned about 0.12% of First Trust TCW Unconstrained Plus Bond ETF worth $4,259,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of UCON. Raymond James Financial Inc. bought a new stake in shares of First Trust TCW Unconstrained Plus Bond ETF in the fourth quarter worth $45,297,000. LPL Financial LLC grew 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 valued at $294,903,000 after buying an additional 1,644,378 shares in the last quarter. Bank of America Corp DE grew its stake in First Trust TCW Unconstrained Plus Bond ETF by 25.2% during the fourth quarter. Bank of America Corp DE now owns 4,827,054 shares of the company’s stock valued at $118,987,000 after acquiring an additional 972,637 shares in the last quarter. Wells Fargo & Company MN increased its holdings in First Trust TCW Unconstrained Plus Bond ETF by 28.0% in the 4th quarter. Wells Fargo & Company MN now owns 4,211,307 shares of the company’s stock valued at $103,809,000 after acquiring an additional 921,134 shares during the last quarter. Finally, Harbour Investments Inc. increased its holdings in First Trust TCW Unconstrained Plus Bond ETF by 15.6% in the 4th quarter. Harbour Investments Inc. now owns 3,975,370 shares of the company’s stock valued at $97,993,000 after acquiring an additional 536,285 shares during the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Price Performance

UCON opened at $24.73 on Thursday. The firm has a 50-day simple moving average of $24.63 and a two-hundred day simple moving average of $24.70. First Trust TCW Unconstrained Plus Bond ETF has a 52 week low of $24.38 and a 52 week high of $25.34.

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.