Pitti Group Wealth Management LLC Has $8.63 Million Holdings in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON)

Pitti Group Wealth Management LLC decreased its position in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 6.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 348,616 shares of the company’s stock after selling 23,827 shares during the period. First Trust TCW Unconstrained Plus Bond ETF makes up approximately 9.4% of Pitti Group Wealth Management LLC’s holdings, making the stock its 2nd biggest position. Pitti Group Wealth Management LLC owned 0.58% of First Trust TCW Unconstrained Plus Bond ETF worth $8,625,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Silver Oak Securities Incorporated bought a new position in shares of First Trust TCW Unconstrained Plus Bond ETF in the third quarter valued at approximately $31,000. DHJJ Financial Advisors Ltd. boosted its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 1,508.0% in the fourth quarter. DHJJ Financial Advisors Ltd. now owns 1,608 shares of the company’s stock valued at $40,000 after acquiring an additional 1,508 shares in the last quarter. Wagner Wealth Management LLC boosted its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 107.4% in the fourth quarter. Wagner Wealth Management LLC now owns 1,925 shares of the company’s stock valued at $48,000 after acquiring an additional 997 shares in the last quarter. Cape Investment Advisory Inc. bought a new position in shares of First Trust TCW Unconstrained Plus Bond ETF in the third quarter valued at approximately $72,000. Finally, Private Trust Co. NA boosted its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 10.5% in the third quarter. Private Trust Co. NA now owns 8,454 shares of the company’s stock valued at $202,000 after acquiring an additional 800 shares in the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Stock Up 0.1 %

UCON stock traded up $0.04 on Friday, hitting $24.18. 295,253 shares of the company’s stock traded hands, compared to its average volume of 637,570. First Trust TCW Unconstrained Plus Bond ETF has a 1-year low of $23.45 and a 1-year high of $24.85. The stock has a fifty day moving average of $24.47 and a 200-day moving average of $24.37.

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.