TCW Flexible Income ETF $FLXR Stock Sold by Spectrum Wealth Advisory Group LLC

Spectrum Wealth Advisory Group LLC lowered its position in TCW Flexible Income ETF (NYSE:FLXR) by 75.4% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 97,389 shares of the company’s stock after selling 298,303 shares during the quarter. TCW Flexible Income ETF makes up approximately 1.0% of Spectrum Wealth Advisory Group LLC’s holdings, making the stock its 20th biggest position. Spectrum Wealth Advisory Group LLC owned about 0.10% of TCW Flexible Income ETF worth $3,694,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of FLXR. Bank of America Corp DE lifted its holdings in shares of TCW Flexible Income ETF by 29.4% during the 1st quarter. Bank of America Corp DE now owns 6,207,962 shares of the company’s stock valued at $243,787,000 after buying an additional 1,409,031 shares during the last quarter. First Pacific Financial lifted its stake in TCW Flexible Income ETF by 2.1% in the third quarter. First Pacific Financial now owns 2,406,410 shares of the company’s stock valued at $91,275,000 after acquiring an additional 49,324 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in TCW Flexible Income ETF by 41.0% in the second quarter. Envestnet Asset Management Inc. now owns 2,158,257 shares of the company’s stock valued at $84,625,000 after acquiring an additional 627,369 shares during the last quarter. Morton Capital Management LLC CA grew its position in TCW Flexible Income ETF by 2.5% in the third quarter. Morton Capital Management LLC CA now owns 1,878,081 shares of the company’s stock worth $71,236,000 after acquiring an additional 45,833 shares in the last quarter. Finally, Peak Financial Advisors LLC grew its position in TCW Flexible Income ETF by 3.4% in the third quarter. Peak Financial Advisors LLC now owns 920,457 shares of the company’s stock worth $34,913,000 after acquiring an additional 30,661 shares in the last quarter.

TCW Flexible Income ETF Stock Performance

Shares of FLXR opened at $37.98 on Wednesday. The company’s fifty day moving average is $38.19 and its 200-day moving average is $38.98. TCW Flexible Income ETF has a 12 month low of $36.03 and a 12 month high of $39.90.

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.