First Trust TCW Unconstrained Plus Bond ETF $UCON Shares Acquired by Gateway Wealth Partners LLC

Gateway Wealth Partners LLC increased its position in shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 121.8% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 690,142 shares of the company’s stock after buying an additional 379,005 shares during the period. First Trust TCW Unconstrained Plus Bond ETF comprises approximately 0.7% of Gateway Wealth Partners LLC’s holdings, making the stock its 29th biggest holding. Gateway Wealth Partners LLC owned about 0.53% of First Trust TCW Unconstrained Plus Bond ETF worth $17,095,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in UCON. LPL Financial LLC grew its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 14.2% during the fourth quarter. LPL Financial LLC now owns 12,160,045 shares of the company’s stock valued at $306,068,000 after acquiring an additional 1,509,510 shares in the last quarter. Trilogy Capital Inc. purchased a new stake in shares of First Trust TCW Unconstrained Plus Bond ETF during the fourth quarter worth about $34,449,000. Ameriprise Financial Inc. lifted its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 44.9% in the third quarter. Ameriprise Financial Inc. now owns 3,996,238 shares of the company’s stock worth $100,689,000 after acquiring an additional 1,238,354 shares in the last quarter. Aptus Capital Advisors LLC lifted its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 318.7% in the fourth quarter. Aptus Capital Advisors LLC now owns 1,302,870 shares of the company’s stock worth $32,793,000 after acquiring an additional 991,683 shares in the last quarter. Finally, Stratos Wealth Partners LTD. boosted its holdings in First Trust TCW Unconstrained Plus Bond ETF by 1,439.0% in the fourth quarter. Stratos Wealth Partners LTD. now owns 688,132 shares of the company’s stock valued at $17,320,000 after purchasing an additional 643,418 shares during the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Price Performance

Shares of UCON opened at $24.52 on Monday. First Trust TCW Unconstrained Plus Bond ETF has a one year low of $23.72 and a one year high of $25.63. The stock has a 50-day moving average price of $24.83 and a 200 day moving average price of $24.97.

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.