Cwm LLC Boosts Stock Position in TCW Flexible Income ETF $FLXR

Cwm LLC lifted its stake in shares of TCW Flexible Income ETF (NYSEARCA:FLXR) by 233.4% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 202,058 shares of the company’s stock after acquiring an additional 141,457 shares during the quarter. Cwm LLC’s holdings in TCW Flexible Income ETF were worth $8,042,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in FLXR. PNC Financial Services Group Inc. raised its stake in TCW Flexible Income ETF by 67.8% during the 2nd quarter. PNC Financial Services Group Inc. now owns 2,294 shares of the company’s stock worth $91,000 after acquiring an additional 927 shares during the period. AE Wealth Management LLC raised its position in shares of TCW Flexible Income ETF by 13.1% during the 2nd quarter. AE Wealth Management LLC now owns 3,236 shares of the company’s stock valued at $128,000 after purchasing an additional 376 shares during the period. Wellspring Financial Advisors LLC purchased a new position in shares of TCW Flexible Income ETF during the 2nd quarter valued at $209,000. Cary Street Partners Investment Advisory LLC boosted its holdings in TCW Flexible Income ETF by 42.4% in the 2nd quarter. Cary Street Partners Investment Advisory LLC now owns 6,028 shares of the company’s stock worth $238,000 after buying an additional 1,796 shares during the period. Finally, Concurrent Investment Advisors LLC bought a new position in TCW Flexible Income ETF in the 2nd quarter worth $269,000.

TCW Flexible Income ETF Price Performance

NYSEARCA:FLXR opened at $39.58 on Tuesday. The business’s 50-day simple moving average is $39.67 and its two-hundred day simple moving average is $39.61. TCW Flexible Income ETF has a 52 week low of $38.40 and a 52 week high of $39.97.

About TCW Flexible Income ETF

The TCW Flexible Income ETF (FLXR) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed ETF that seeks to provide consistent income. The fund has the flexibility to invest across a wide spectrum of security type, credit quality and maturity profiles FLXR was launched on Nov 30, 2018 and is issued by TCW.