TCW Flexible Income ETF $FLXR Stock Position Lifted by Morling Financial Advisors LLC

Morling Financial Advisors LLC lifted its stake in TCW Flexible Income ETF (NYSEARCA:FLXR) by 6.6% during the 4th quarter, Holdings Channel reports. The institutional investor owned 738,344 shares of the company’s stock after buying an additional 45,565 shares during the period. TCW Flexible Income ETF makes up approximately 9.2% of Morling Financial Advisors LLC’s portfolio, making the stock its 3rd biggest holding. Morling Financial Advisors LLC’s holdings in TCW Flexible Income ETF were worth $29,238,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently modified their holdings of the stock. Captrust Financial Advisors increased its holdings in shares of TCW Flexible Income ETF by 12.3% in the third quarter. Captrust Financial Advisors now owns 4,792,936 shares of the company’s stock worth $190,759,000 after buying an additional 524,151 shares during the period. Bank of America Corp DE increased its holdings in shares of TCW Flexible Income ETF by 46.5% in the third 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 during the period. UBS Group AG increased its holdings in shares of TCW Flexible Income ETF by 25.8% in the fourth 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 during the period. First Pacific Financial increased its holdings in shares of TCW Flexible Income ETF by 12.3% in the fourth quarter. First Pacific Financial now owns 2,175,863 shares of the company’s stock worth $86,164,000 after buying an additional 237,585 shares during the period. Finally, Morton Capital Management LLC CA increased its holdings in shares of TCW Flexible Income ETF by 11.2% in the fourth quarter. Morton Capital Management LLC CA now owns 1,636,647 shares of the company’s stock worth $64,811,000 after buying an additional 164,824 shares during the period.

TCW Flexible Income ETF Trading Up 0.4%

FLXR opened at $39.10 on Thursday. The business’s 50-day moving average price is $39.23 and its 200-day moving average price is $39.50. TCW Flexible Income ETF has a 12 month low of $38.92 and a 12 month high of $39.97.

TCW Flexible Income ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were paid a $0.20 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 6.1%.

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.