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

Gateway Wealth Partners LLC raised its stake in shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 121.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 690,142 shares of the company’s stock after acquiring an additional 379,005 shares during the quarter. First Trust TCW Unconstrained Plus Bond ETF makes up 0.7% of Gateway Wealth Partners LLC’s portfolio, making the stock its 29th biggest position. Gateway Wealth Partners LLC’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $17,095,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in UCON. LPL Financial LLC increased its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 14.2% in the 4th quarter. LPL Financial LLC now owns 12,160,045 shares of the company’s stock worth $306,068,000 after purchasing an additional 1,509,510 shares during the last quarter. Morgan Stanley lifted its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 6.6% during the fourth quarter. Morgan Stanley now owns 8,336,565 shares of the company’s stock worth $209,831,000 after purchasing an additional 518,585 shares during the last quarter. Wells Fargo & Company MN lifted its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 4.8% during the fourth quarter. Wells Fargo & Company MN now owns 6,230,550 shares of the company’s stock worth $156,823,000 after purchasing an additional 286,822 shares during the last quarter. Ameriprise Financial Inc. lifted its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 44.9% during the third quarter. Ameriprise Financial Inc. now owns 3,996,238 shares of the company’s stock worth $100,689,000 after purchasing an additional 1,238,354 shares during the last quarter. Finally, Royal Bank of Canada grew its stake in First Trust TCW Unconstrained Plus Bond ETF by 4.1% in the fourth quarter. Royal Bank of Canada now owns 3,800,088 shares of the company’s stock worth $95,648,000 after purchasing an additional 149,464 shares in the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Trading Down 0.0%

NYSEARCA: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 simple moving average of $24.83 and a 200 day simple moving average of $24.97.

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.