Maridea Wealth Management LLC Grows Position in TCW Flexible Income ETF $FLXR

Maridea Wealth Management LLC increased its holdings in TCW Flexible Income ETF (NYSEARCA:FLXR) by 26.7% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 97,367 shares of the company’s stock after buying an additional 20,528 shares during the quarter. Maridea Wealth Management LLC’s holdings in TCW Flexible Income ETF were worth $3,856,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. WJ Wealth Management LLC lifted its stake in TCW Flexible Income ETF by 95.2% during the 3rd quarter. WJ Wealth Management LLC now owns 442,259 shares of the company’s stock valued at $17,624,000 after acquiring an additional 215,664 shares during the period. Capital Square LLC boosted its holdings in shares of TCW Flexible Income ETF by 255.3% during the 3rd quarter. Capital Square LLC now owns 131,238 shares of the company’s stock valued at $5,223,000 after acquiring an additional 94,304 shares during the last quarter. Captrust Financial Advisors grew its stake in shares of TCW Flexible Income ETF by 12.3% in the third quarter. Captrust Financial Advisors now owns 4,792,936 shares of the company’s stock worth $190,759,000 after acquiring an additional 524,151 shares during the period. Advisory Services Network LLC grew its stake in shares of TCW Flexible Income ETF by 1.4% in the third quarter. Advisory Services Network LLC now owns 21,814 shares of the company’s stock worth $868,000 after acquiring an additional 298 shares during the period. Finally, Keystone Financial Group raised its holdings in shares of TCW Flexible Income ETF by 80.2% during the third quarter. Keystone Financial Group now owns 30,661 shares of the company’s stock valued at $1,220,000 after purchasing an additional 13,643 shares during the last quarter.

TCW Flexible Income ETF Stock Performance

Shares of TCW Flexible Income ETF stock opened at $39.08 on Friday. The company’s 50 day moving average is $39.59 and its 200 day moving average is $39.67. TCW Flexible Income ETF has a twelve month low of $38.40 and a twelve month high of $39.97.

TCW Flexible Income ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were paid a dividend of $0.20 per share. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 6.1%.

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.