WCG Wealth Advisors LLC Sells 213,823 Shares of First Trust TCW Unconstrained Plus Bond ETF $UCON

WCG Wealth Advisors LLC reduced its stake in shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 93.8% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 14,029 shares of the company’s stock after selling 213,823 shares during the period. WCG Wealth Advisors LLC’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $353,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in UCON. Goldman Sachs Group Inc. bought a new stake in shares of First Trust TCW Unconstrained Plus Bond ETF during the 1st quarter worth $1,139,000. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 2,289.6% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 4,588 shares of the company’s stock worth $114,000 after acquiring an additional 4,396 shares during the last quarter. Cresset Asset Management LLC lifted its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 9.2% during the 2nd quarter. Cresset Asset Management LLC now owns 9,018 shares of the company’s stock worth $224,000 after acquiring an additional 757 shares during the last quarter. NewEdge Advisors LLC lifted its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 7.2% during the 2nd quarter. NewEdge Advisors LLC now owns 432,079 shares of the company’s stock worth $10,754,000 after acquiring an additional 29,076 shares during the last quarter. Finally, Betterment LLC lifted its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 88.3% during the 2nd quarter. Betterment LLC now owns 18,529 shares of the company’s stock worth $461,000 after acquiring an additional 8,689 shares during the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Stock Down 0.3%

NYSEARCA UCON opened at $24.83 on Friday. The company has a fifty day moving average of $24.88 and a 200-day moving average of $25.06. First Trust TCW Unconstrained Plus Bond ETF has a 52-week low of $24.41 and a 52-week high of $25.63.

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.