Madison Asset Management LLC Buys 177,183 Shares of TCW Flexible Income ETF $FLXR

Madison Asset Management LLC increased its position in TCW Flexible Income ETF (NYSEARCA:FLXR) by 71.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 426,822 shares of the company’s stock after acquiring an additional 177,183 shares during the quarter. Madison Asset Management LLC’s holdings in TCW Flexible Income ETF were worth $16,761,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of FLXR. Morgan Stanley boosted its position in shares of TCW Flexible Income ETF by 416.0% in the fourth quarter. Morgan Stanley now owns 2,209,223 shares of the company’s stock valued at $87,485,000 after acquiring an additional 1,781,091 shares during the period. Bank of America Corp DE raised its stake in TCW Flexible Income ETF by 142.2% during the 2nd quarter. Bank of America Corp DE now owns 2,594,650 shares of the company’s stock valued at $102,359,000 after purchasing an additional 1,523,535 shares during the last quarter. Keudell Morrison Wealth Management bought a new stake in TCW Flexible Income ETF in the 4th quarter valued at $46,926,000. UBS Group AG boosted its holdings in TCW Flexible Income ETF by 96.4% in the 3rd quarter. UBS Group AG now owns 2,303,537 shares of the company’s stock valued at $91,681,000 after purchasing an additional 1,130,812 shares during the period. Finally, Wells Fargo & Company MN acquired a new stake in TCW Flexible Income ETF in the 4th quarter worth $32,081,000.

TCW Flexible Income ETF Price Performance

FLXR stock opened at $39.00 on Tuesday. TCW Flexible Income ETF has a twelve month low of $38.90 and a twelve month high of $39.97. The business’s 50-day simple moving average is $39.10 and its 200 day simple moving average is $39.34.

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.