Apollon Wealth Management LLC Decreases Stock Holdings in First Trust TCW Unconstrained Plus Bond ETF $UCON

Apollon Wealth Management LLC lowered its stake in shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 29.1% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 234,628 shares of the company’s stock after selling 96,422 shares during the quarter. Apollon Wealth Management LLC’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $5,812,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in UCON. Goldman Sachs Group Inc. purchased a new stake in First Trust TCW Unconstrained Plus Bond ETF in the 1st quarter valued at about $1,139,000. Northwestern Mutual Wealth Management Co. boosted its stake in First Trust TCW Unconstrained Plus Bond ETF by 2,289.6% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 4,588 shares of the company’s stock worth $114,000 after buying an additional 4,396 shares during the period. Cresset Asset Management LLC boosted its stake in First Trust TCW Unconstrained Plus Bond ETF by 9.2% during the second quarter. Cresset Asset Management LLC now owns 9,018 shares of the company’s stock worth $224,000 after buying an additional 757 shares during the period. NewEdge Advisors LLC increased its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 7.2% during the second quarter. NewEdge Advisors LLC now owns 432,079 shares of the company’s stock valued at $10,754,000 after acquiring an additional 29,076 shares during the last quarter. Finally, Betterment LLC increased its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 88.3% during the second quarter. Betterment LLC now owns 18,529 shares of the company’s stock valued at $461,000 after acquiring an additional 8,689 shares during the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Price Performance

Shares of NYSEARCA UCON opened at $24.93 on Tuesday. The business’s 50 day moving average is $24.89 and its two-hundred day moving average is $25.02. First Trust TCW Unconstrained Plus Bond ETF has a 52-week low of $24.41 and a 52-week high of $25.63.

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.