Onyx Bridge Wealth Group LLC Purchases Shares of 242,174 TCW Flexible Income ETF $FLXR

Onyx Bridge Wealth Group LLC acquired a new stake in TCW Flexible Income ETF (NYSEARCA:FLXR) in the third quarter, HoldingsChannel reports. The institutional investor acquired 242,174 shares of the company’s stock, valued at approximately $9,639,000. TCW Flexible Income ETF makes up approximately 1.0% of Onyx Bridge Wealth Group LLC’s portfolio, making the stock its 24th largest position.

Several other institutional investors have also made changes to their positions in the business. Bank of America Corp DE increased its stake in 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 valued at $102,359,000 after acquiring an additional 1,523,535 shares during the period. Morling Financial Advisors LLC acquired a new stake in TCW Flexible Income ETF during the second quarter valued at approximately $26,392,000. Tidemark LLC bought a new stake in shares of TCW Flexible Income ETF in the 3rd quarter valued at approximately $14,984,000. Raymond James Financial Inc. raised its holdings in shares of TCW Flexible Income ETF by 5,541.5% in the 2nd quarter. Raymond James Financial Inc. now owns 322,130 shares of the company’s stock worth $12,708,000 after buying an additional 316,420 shares in the last quarter. Finally, Francis Financial Inc. lifted its position in shares of TCW Flexible Income ETF by 64.9% during the 2nd quarter. Francis Financial Inc. now owns 757,595 shares of the company’s stock worth $29,887,000 after buying an additional 298,090 shares during the period.

TCW Flexible Income ETF Trading Up 0.1%

Shares of NYSEARCA:FLXR opened at $39.64 on Thursday. The business’s fifty day moving average price is $39.62 and its two-hundred day moving average price is $39.68. TCW Flexible Income ETF has a fifty-two week low of $38.40 and a fifty-two week high of $39.97.

TCW Flexible Income ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, February 4th. Investors of record on Monday, February 2nd were issued a dividend of $0.20 per share. This represents a c) annualized dividend and a yield of 6.1%. The ex-dividend date of this dividend was Monday, February 2nd.

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.