Envestnet Portfolio Solutions Inc. Raises Holdings in TCW Flexible Income ETF $FLXR

Envestnet Portfolio Solutions Inc. lifted its stake in TCW Flexible Income ETF (NYSEARCA:FLXR) by 10.2% during the second quarter, Holdings Channel reports. The institutional investor owned 89,321 shares of the company’s stock after acquiring an additional 8,241 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in TCW Flexible Income ETF were worth $3,524,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently modified their holdings of the stock. Cetera Investment Advisers boosted its stake in shares of TCW Flexible Income ETF by 1.8% in the first quarter. Cetera Investment Advisers now owns 34,093 shares of the company’s stock worth $1,335,000 after buying an additional 603 shares during the last quarter. PNC Financial Services Group Inc. boosted its stake in shares of TCW Flexible Income ETF by 125.2% in the first quarter. PNC Financial Services Group Inc. now owns 1,367 shares of the company’s stock worth $54,000 after buying an additional 760 shares during the last quarter. Cooper Financial Group boosted its position in TCW Flexible Income ETF by 10.1% during the first quarter. Cooper Financial Group now owns 12,800 shares of the company’s stock worth $501,000 after purchasing an additional 1,169 shares in the last quarter. Hollencrest Capital Management boosted its position in TCW Flexible Income ETF by 100.0% during the first quarter. Hollencrest Capital Management now owns 2,560 shares of the company’s stock worth $100,000 after purchasing an additional 1,280 shares in the last quarter. Finally, Tandem Financial LLC boosted its position in TCW Flexible Income ETF by 6.7% during the first quarter. Tandem Financial LLC now owns 44,007 shares of the company’s stock worth $1,724,000 after purchasing an additional 2,773 shares in the last quarter.

TCW Flexible Income ETF Stock Performance

Shares of FLXR stock opened at $39.80 on Thursday. The business’s 50 day moving average is $39.72 and its two-hundred day moving average is $39.33. TCW Flexible Income ETF has a 12-month low of $38.40 and a 12-month high of $39.95.

TCW Flexible Income ETF Company 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.