Spartan Wealth Advisory Services LLC Invests $15.52 Million in First Trust TCW Unconstrained Plus Bond ETF $UCON

Spartan Wealth Advisory Services LLC purchased a new position in shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 626,701 shares of the company’s stock, valued at approximately $15,523,000. First Trust TCW Unconstrained Plus Bond ETF comprises about 1.4% of Spartan Wealth Advisory Services LLC’s investment portfolio, making the stock its 13th largest holding. Spartan Wealth Advisory Services LLC owned approximately 0.48% of First Trust TCW Unconstrained Plus Bond ETF as of its most recent filing with the SEC.

Several other institutional investors have also added to or reduced their stakes in UCON. Parallel Advisors LLC acquired a new position in First Trust TCW Unconstrained Plus Bond ETF in the 4th quarter valued at $36,000. Sound Income Strategies LLC acquired a new stake in shares of First Trust TCW Unconstrained Plus Bond ETF during the first quarter worth $39,000. TD Capital Management LLC bought a new stake in shares of First Trust TCW Unconstrained Plus Bond ETF in the fourth quarter valued at about $48,000. Ascentis Independent Advisors bought a new stake in shares of First Trust TCW Unconstrained Plus Bond ETF in the first quarter valued at about $55,000. Finally, International Assets Investment Management LLC acquired a new position in shares of First Trust TCW Unconstrained Plus Bond ETF in the fourth quarter valued at about $57,000.

First Trust TCW Unconstrained Plus Bond ETF Stock Down 0.1%

NYSEARCA:UCON opened at $24.78 on Friday. First Trust TCW Unconstrained Plus Bond ETF has a 52 week low of $24.41 and a 52 week high of $25.63. The firm’s 50-day simple moving average is $24.86 and its 200 day simple moving average is $24.99.

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.