Arax Advisory Partners Takes Position in TCW Flexible Income ETF $FLXR

Arax Advisory Partners acquired a new stake in shares of TCW Flexible Income ETF (NYSEARCA:FLXR) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 173,381 shares of the company’s stock, valued at approximately $6,866,000. Arax Advisory Partners owned 0.26% of TCW Flexible Income ETF as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in the stock. Captrust Financial Advisors grew its stake in shares of TCW Flexible Income ETF by 12.3% during the 3rd quarter. Captrust Financial Advisors now owns 4,792,936 shares of the company’s stock valued at $190,759,000 after buying an additional 524,151 shares during the period. Bank of America Corp DE boosted its position in TCW Flexible Income ETF by 46.5% during the 3rd quarter. Bank of America Corp DE now owns 3,802,200 shares of the company’s stock worth $151,328,000 after purchasing an additional 1,207,550 shares during the period. UBS Group AG boosted its position in TCW Flexible Income ETF by 25.8% during the 4th quarter. UBS Group AG now owns 2,897,393 shares of the company’s stock worth $114,737,000 after purchasing an additional 593,856 shares during the period. LPL Financial LLC boosted its position in TCW Flexible Income ETF by 13.8% during the 4th quarter. LPL Financial LLC now owns 2,498,998 shares of the company’s stock worth $98,960,000 after purchasing an additional 302,239 shares during the period. Finally, Morgan Stanley boosted its position in TCW Flexible Income ETF by 416.0% during the 4th quarter. Morgan Stanley now owns 2,209,223 shares of the company’s stock worth $87,485,000 after purchasing an additional 1,781,091 shares during the period.

TCW Flexible Income ETF Stock Up 0.0%

Shares of TCW Flexible Income ETF stock opened at $39.13 on Friday. The company has a fifty day moving average price of $39.20 and a 200 day moving average price of $39.44. TCW Flexible Income ETF has a twelve month low of $38.93 and a twelve month high of $39.97.

TCW Flexible Income ETF Profile

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.