Apollon Wealth Management LLC Purchases 309,635 Shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON)

Apollon Wealth Management LLC increased its position in shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 53.9% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 884,037 shares of the company’s stock after buying an additional 309,635 shares during the quarter. First Trust TCW Unconstrained Plus Bond ETF accounts for about 0.8% of Apollon Wealth Management LLC’s portfolio, making the stock its 24th biggest holding. Apollon Wealth Management LLC’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $21,871,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Elevated Capital Advisors LLC grew its stake in shares of First Trust TCW Unconstrained Plus Bond ETF by 1.7% during the 4th quarter. Elevated Capital Advisors LLC now owns 198,439 shares of the company’s stock worth $4,909,000 after acquiring an additional 3,371 shares in the last quarter. First Heartland Consultants Inc. grew its position in First Trust TCW Unconstrained Plus Bond ETF by 561.3% in the third quarter. First Heartland Consultants Inc. now owns 246,667 shares of the company’s stock valued at $5,895,000 after purchasing an additional 209,367 shares in the last quarter. Etesian Wealth Advisors Inc. increased its stake in First Trust TCW Unconstrained Plus Bond ETF by 8.7% in the 4th quarter. Etesian Wealth Advisors Inc. now owns 239,923 shares of the company’s stock valued at $5,948,000 after buying an additional 19,229 shares during the last quarter. Advisor Resource Council lifted its position in First Trust TCW Unconstrained Plus Bond ETF by 203.5% during the 4th quarter. Advisor Resource Council now owns 132,082 shares of the company’s stock worth $3,268,000 after buying an additional 88,557 shares in the last quarter. Finally, Flagstar Advisors Inc. grew its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 24.5% in the 4th quarter. Flagstar Advisors Inc. now owns 22,979 shares of the company’s stock valued at $568,000 after acquiring an additional 4,515 shares in the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Price Performance

Shares of NYSEARCA:UCON traded up $0.03 during midday trading on Tuesday, reaching $24.43. The company had a trading volume of 354,683 shares, compared to its average volume of 635,715. First Trust TCW Unconstrained Plus Bond ETF has a 1-year low of $23.45 and a 1-year high of $24.85. The business’s 50 day moving average price is $24.45 and its 200 day moving average price is $24.40.

First Trust TCW Unconstrained Plus Bond ETF Company 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.