Michels Family Financial LLC Takes $301,000 Position in TCW Flexible Income ETF (NYSEARCA:FLXR)

Michels Family Financial LLC purchased a new position in shares of TCW Flexible Income ETF (NYSEARCA:FLXR) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 7,778 shares of the company’s stock, valued at approximately $301,000.

Several other institutional investors have also added to or reduced their stakes in the company. Captrust Financial Advisors boosted its stake in shares of TCW Flexible Income ETF by 6.4% in the 4th quarter. Captrust Financial Advisors now owns 3,753,977 shares of the company’s stock valued at $145,204,000 after purchasing an additional 225,867 shares in the last quarter. Cary Street Partners Financial LLC bought a new position in TCW Flexible Income ETF in the 4th quarter valued at approximately $33,246,000. Exchange Traded Concepts LLC bought a new position in TCW Flexible Income ETF in the 4th quarter valued at approximately $24,282,000. LPL Financial LLC boosted its position in TCW Flexible Income ETF by 104.9% in the fourth quarter. LPL Financial LLC now owns 589,359 shares of the company’s stock valued at $22,796,000 after buying an additional 301,715 shares in the last quarter. Finally, Tectonic Advisors LLC grew its stake in shares of TCW Flexible Income ETF by 8.7% during the fourth quarter. Tectonic Advisors LLC now owns 496,926 shares of the company’s stock worth $19,221,000 after buying an additional 39,590 shares during the last quarter.

TCW Flexible Income ETF Trading Up 0.0%

Shares of NYSEARCA:FLXR opened at $39.01 on Friday. TCW Flexible Income ETF has a 52-week low of $37.92 and a 52-week high of $40.00. The company has a fifty day moving average of $38.95 and a 200-day moving average of $38.89.

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.