TCW Flexible Income ETF $FLXR is Spectrum Wealth Advisory Group LLC’s 6th Largest Position

Spectrum Wealth Advisory Group LLC raised its holdings in shares of TCW Flexible Income ETF (NYSEARCA:FLXR) by 2,124.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 377,660 shares of the company’s stock after buying an additional 360,681 shares during the quarter. TCW Flexible Income ETF comprises about 5.5% of Spectrum Wealth Advisory Group LLC’s portfolio, making the stock its 6th biggest holding. Spectrum Wealth Advisory Group LLC owned approximately 0.58% of TCW Flexible Income ETF worth $14,955,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the company. Tidemark LLC grew its holdings in shares of TCW Flexible Income ETF by 11.6% in the fourth quarter. Tidemark LLC now owns 420,017 shares of the company’s stock valued at $16,633,000 after purchasing an additional 43,532 shares during the period. COFG Advisors LLC acquired a new position in TCW Flexible Income ETF in the fourth quarter valued at about $476,000. Rothschild Wealth LLC acquired a new stake in shares of TCW Flexible Income ETF during the fourth quarter worth about $9,454,000. Pasadena Private Wealth LLC lifted its position in shares of TCW Flexible Income ETF by 4.8% during the fourth quarter. Pasadena Private Wealth LLC now owns 354,615 shares of the company’s stock worth $14,043,000 after purchasing an additional 16,082 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its position in shares of TCW Flexible Income ETF by 50.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 330,908 shares of the company’s stock worth $13,104,000 after purchasing an additional 111,413 shares in the last quarter.

TCW Flexible Income ETF Stock Up 0.1%

Shares of NYSEARCA:FLXR opened at $39.08 on Friday. The firm’s 50 day moving average price is $39.21 and its 200 day moving average price is $39.46. TCW Flexible Income ETF has a fifty-two week low of $38.93 and a fifty-two week high of $39.97.

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.