Wealthspire Retirement LLC Purchases New Holdings in TCW Flexible Income ETF $FLXR

Wealthspire Retirement LLC acquired a new position in TCW Flexible Income ETF (NYSEARCA:FLXR) in the first quarter, Holdings Channel reports. The firm acquired 536,243 shares of the company’s stock, valued at approximately $21,058,000. TCW Flexible Income ETF accounts for 1.3% of Wealthspire Retirement LLC’s portfolio, making the stock its 18th largest holding.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Jane Street Group LLC grew its position in TCW Flexible Income ETF by 25.5% during the 1st quarter. Jane Street Group LLC now owns 43,800 shares of the company’s stock worth $1,716,000 after purchasing an additional 8,900 shares in the last quarter. Baird Financial Group Inc. lifted its holdings in shares of TCW Flexible Income ETF by 23.7% in the second quarter. Baird Financial Group Inc. now owns 53,099 shares of the company’s stock valued at $2,095,000 after purchasing an additional 10,162 shares in the last quarter. Raymond James Financial Inc. lifted its holdings in shares of TCW Flexible Income ETF by 5,541.5% in the second quarter. Raymond James Financial Inc. now owns 322,130 shares of the company’s stock valued at $12,708,000 after purchasing an additional 316,420 shares in the last quarter. Ausdal Financial Partners Inc. acquired a new stake in shares of TCW Flexible Income ETF in the second quarter worth $9,148,000. Finally, Bank of America Corp DE boosted its position in shares of TCW Flexible Income ETF by 142.2% in the second quarter. Bank of America Corp DE now owns 2,594,650 shares of the company’s stock worth $102,359,000 after buying an additional 1,523,535 shares during the period.

TCW Flexible Income ETF Trading Down 0.1%

Shares of FLXR stock opened at $38.90 on Thursday. TCW Flexible Income ETF has a 1-year low of $38.88 and a 1-year high of $39.97. The stock’s fifty day simple moving average is $39.09 and its 200-day simple moving average is $39.33.

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.