TCW Flexible Income ETF $FLXR Stock: Weaver Capital Management LLC Grows Position

Weaver Capital Management LLC raised its position in shares of TCW Flexible Income ETF (NYSE:FLXR) by 14.5% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 581,107 shares of the company’s stock after purchasing an additional 73,407 shares during the period. TCW Flexible Income ETF comprises 4.2% of Weaver Capital Management LLC’s portfolio, making the stock its 3rd biggest position. Weaver Capital Management LLC’s holdings in TCW Flexible Income ETF were worth $22,041,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the company. Bank of America Corp DE lifted its holdings in shares of TCW Flexible Income ETF by 29.4% in the 1st quarter. Bank of America Corp DE now owns 6,207,962 shares of the company’s stock worth $243,787,000 after buying an additional 1,409,031 shares during the period. Envestnet Asset Management Inc. grew its position in shares of TCW Flexible Income ETF by 41.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 2,158,257 shares of the company’s stock worth $84,625,000 after buying an additional 627,369 shares in the last quarter. Wealthspire Retirement LLC purchased a new position in shares of TCW Flexible Income ETF during the first quarter valued at $21,058,000. Family Manage LLC increased its stake in shares of TCW Flexible Income ETF by 100.8% during the first quarter. Family Manage LLC now owns 789,776 shares of the company’s stock valued at $31,015,000 after buying an additional 396,463 shares during the period. Finally, JGP Wealth Management LLC purchased a new position in shares of TCW Flexible Income ETF during the third quarter valued at $9,406,000.

TCW Flexible Income ETF Stock Performance

FLXR stock opened at $37.93 on Friday. The business has a 50-day moving average price of $38.43 and a 200 day moving average price of $38.88. TCW Flexible Income ETF has a 1-year low of $36.03 and a 1-year 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.