Thoroughbred Financial Services LLC cut its stake in shares of TCW Flexible Income ETF (NYSEARCA:FLXR – Free Report) by 60.7% in the 2nd quarter, HoldingsChannel reports. The fund owned 5,075 shares of the company’s stock after selling 7,834 shares during the quarter. Thoroughbred Financial Services LLC’s holdings in TCW Flexible Income ETF were worth $200,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors also recently made changes to their positions in FLXR. First Pacific Financial bought a new position in shares of TCW Flexible Income ETF during the second quarter worth approximately $74,227,000. LPL Financial LLC boosted its stake in TCW Flexible Income ETF by 78.8% in the 1st quarter. LPL Financial LLC now owns 1,053,856 shares of the company’s stock valued at $41,280,000 after purchasing an additional 464,497 shares during the period. Francis Financial Inc. acquired a new position in TCW Flexible Income ETF in the 1st quarter valued at $17,999,000. Peak Financial Advisors LLC increased its position in TCW Flexible Income ETF by 267.3% during the 2nd quarter. Peak Financial Advisors LLC now owns 547,259 shares of the company’s stock worth $21,589,000 after buying an additional 398,263 shares during the period. Finally, BlueStem Wealth Partners LLC bought a new position in TCW Flexible Income ETF during the 1st quarter worth $12,390,000.
TCW Flexible Income ETF Price Performance
FLXR opened at $39.67 on Wednesday. The stock has a fifty day moving average of $39.77 and a 200-day moving average of $39.48. TCW Flexible Income ETF has a fifty-two week low of $38.40 and a fifty-two week 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.
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