TCW Flexible Income ETF $FLXR Stake Increased by Weaver Capital Management LLC

Weaver Capital Management LLC boosted its position in TCW Flexible Income ETF (NYSEARCA:FLXR) by 13.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 465,091 shares of the company’s stock after purchasing an additional 54,897 shares during the period. TCW Flexible Income ETF makes up approximately 4.0% of Weaver Capital Management LLC’s investment portfolio, making the stock its 4th biggest holding. Weaver Capital Management LLC owned approximately 0.93% of TCW Flexible Income ETF worth $18,511,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of FLXR. PNC Financial Services Group Inc. raised its holdings in shares of TCW Flexible Income ETF by 67.8% in the second quarter. PNC Financial Services Group Inc. now owns 2,294 shares of the company’s stock worth $91,000 after buying an additional 927 shares during the period. AE Wealth Management LLC grew its position in TCW Flexible Income ETF by 13.1% in the 2nd quarter. AE Wealth Management LLC now owns 3,236 shares of the company’s stock valued at $128,000 after acquiring an additional 376 shares during the last quarter. Wellspring Financial Advisors LLC purchased a new stake in TCW Flexible Income ETF in the second quarter worth $209,000. Cary Street Partners Investment Advisory LLC lifted its position in shares of TCW Flexible Income ETF by 42.4% during the second quarter. Cary Street Partners Investment Advisory LLC now owns 6,028 shares of the company’s stock worth $238,000 after purchasing an additional 1,796 shares during the last quarter. Finally, Concurrent Investment Advisors LLC bought a new stake in shares of TCW Flexible Income ETF during the second quarter worth $269,000.

TCW Flexible Income ETF Stock Performance

NYSEARCA FLXR opened at $39.58 on Tuesday. The company’s 50-day moving average price is $39.67 and its 200-day moving average price is $39.61. TCW Flexible Income ETF has a 12 month low of $38.40 and a 12 month high of $39.97.

About TCW Flexible Income ETF

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.