Peak Financial Management Inc. lifted its position in shares of TCW Flexible Income ETF (NYSEARCA:FLXR – Free Report) by 21.1% during the first quarter, HoldingsChannel reports. The fund owned 279,656 shares of the company’s stock after acquiring an additional 48,738 shares during the quarter. TCW Flexible Income ETF comprises 2.8% of Peak Financial Management Inc.’s holdings, making the stock its 16th biggest position. Peak Financial Management Inc.’s holdings in TCW Flexible Income ETF were worth $10,982,000 at the end of the most recent reporting period.
Several other large investors have also recently added to or reduced their stakes in the company. Captrust Financial Advisors lifted its position in TCW Flexible Income ETF by 7.9% in the fourth quarter. Captrust Financial Advisors now owns 5,169,200 shares of the company’s stock valued at $204,700,000 after purchasing an additional 376,264 shares during the period. Bank of America Corp DE raised its stake in shares of 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 buying an additional 1,207,550 shares in the last quarter. UBS Group AG raised its stake in shares of 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 buying an additional 593,856 shares in the last quarter. LPL Financial LLC lifted its holdings in shares of TCW Flexible Income ETF by 13.8% in the 4th quarter. LPL Financial LLC now owns 2,498,998 shares of the company’s stock valued at $98,960,000 after buying an additional 302,239 shares during the period. Finally, First Pacific Financial lifted its holdings in shares of TCW Flexible Income ETF by 5.1% in the 1st quarter. First Pacific Financial now owns 2,285,970 shares of the company’s stock valued at $89,770,000 after buying an additional 110,107 shares during the period.
TCW Flexible Income ETF Stock Performance
TCW Flexible Income ETF stock opened at $39.05 on Friday. TCW Flexible Income ETF has a 1-year low of $38.93 and a 1-year high of $39.97. The stock’s 50 day moving average price is $39.16 and its 200 day moving average price is $39.38.
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.
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