Beacon Financial Advisory LLC Acquires 24,374 Shares of TCW Flexible Income ETF $FLXR

Beacon Financial Advisory LLC lifted its holdings in shares of TCW Flexible Income ETF (NYSEARCA:FLXR) by 9.4% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 284,209 shares of the company’s stock after purchasing an additional 24,374 shares during the quarter. TCW Flexible Income ETF accounts for 2.5% of Beacon Financial Advisory LLC’s holdings, making the stock its 3rd largest position. Beacon Financial Advisory LLC’s holdings in TCW Flexible Income ETF were worth $11,161,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in FLXR. Weaver Capital Management LLC increased its position in shares of TCW Flexible Income ETF by 9.8% in the fourth quarter. Weaver Capital Management LLC now owns 510,726 shares of the company’s stock worth $20,225,000 after purchasing an additional 45,635 shares during the period. CWM LLC raised its stake in TCW Flexible Income ETF by 31.8% in the fourth quarter. CWM LLC now owns 266,395 shares of the company’s stock valued at $10,549,000 after purchasing an additional 64,337 shares in the last quarter. DeLarme Wealth Management Inc. bought a new stake in TCW Flexible Income ETF during the fourth quarter worth about $887,000. Peak Financial Advisors LLC lifted its position in TCW Flexible Income ETF by 2.7% during the fourth quarter. Peak Financial Advisors LLC now owns 642,274 shares of the company’s stock worth $25,434,000 after purchasing an additional 16,954 shares during the period. Finally, Leelyn Smith LLC grew its stake in TCW Flexible Income ETF by 1,085.8% during the fourth quarter. Leelyn Smith LLC now owns 737,526 shares of the company’s stock worth $29,206,000 after buying an additional 675,329 shares in the last quarter.

TCW Flexible Income ETF Stock Performance

Shares of TCW Flexible Income ETF stock opened at $39.05 on Friday. TCW Flexible Income ETF has a 12-month low of $38.93 and a 12-month high of $39.97. The firm’s 50-day moving average price is $39.16 and its two-hundred day moving average price is $39.38.

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.