GPS Wealth Strategies Group LLC Sells 118,297 Shares of First Trust TCW Unconstrained Plus Bond ETF $UCON

GPS Wealth Strategies Group LLC lessened its stake in shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 93.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,753 shares of the company’s stock after selling 118,297 shares during the quarter. GPS Wealth Strategies Group LLC’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $220,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Axxcess Wealth Management LLC bought a new position in shares of First Trust TCW Unconstrained Plus Bond ETF during the 4th quarter worth about $8,989,000. Commonwealth Financial Services LLC raised its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 1.4% in the 4th quarter. Commonwealth Financial Services LLC now owns 709,775 shares of the company’s stock worth $17,865,000 after acquiring an additional 9,765 shares during the last quarter. Global Retirement Partners LLC raised its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 10.8% in the 4th quarter. Global Retirement Partners LLC now owns 29,900 shares of the company’s stock worth $753,000 after acquiring an additional 2,920 shares during the last quarter. Mach 1 Financial Group LLC acquired a new stake in shares of First Trust TCW Unconstrained Plus Bond ETF in the 4th quarter worth about $9,379,000. Finally, Fi3 FINANCIAL ADVISORS LLC acquired a new stake in shares of First Trust TCW Unconstrained Plus Bond ETF in the 4th quarter worth about $1,026,000.

First Trust TCW Unconstrained Plus Bond ETF Stock Performance

UCON opened at $24.78 on Friday. First Trust TCW Unconstrained Plus Bond ETF has a fifty-two week low of $24.41 and a fifty-two week high of $25.63. The company’s 50-day moving average is $24.88 and its 200 day moving average is $25.08.

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.