M&T Bank Corp Has $1.39 Million Position in TCW Flexible Income ETF $FLXR

M&T Bank Corp reduced its position in shares of TCW Flexible Income ETF (NYSEARCA:FLXR) by 97.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 35,204 shares of the company’s stock after selling 1,276,088 shares during the period. M&T Bank Corp owned about 0.05% of TCW Flexible Income ETF worth $1,394,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of FLXR. Bank of America Corp DE boosted its position in shares of TCW Flexible Income ETF by 142.2% during the second quarter. Bank of America Corp DE now owns 2,594,650 shares of the company’s stock worth $102,359,000 after buying an additional 1,523,535 shares during the period. UBS Group AG boosted its position in shares of TCW Flexible Income ETF by 96.4% during the third quarter. UBS Group AG now owns 2,303,537 shares of the company’s stock worth $91,681,000 after buying an additional 1,130,812 shares during the period. Leelyn Smith LLC boosted its position in shares of TCW Flexible Income ETF by 1,085.8% during the fourth quarter. Leelyn Smith LLC now owns 737,526 shares of the company’s stock worth $29,206,000 after buying an additional 675,329 shares during the period. Captrust Financial Advisors boosted its position in shares of TCW Flexible Income ETF by 12.3% during the third quarter. Captrust Financial Advisors now owns 4,792,936 shares of the company’s stock worth $190,759,000 after buying an additional 524,151 shares during the period. Finally, Raymond James Financial Inc. boosted its position in shares of TCW Flexible Income ETF by 126.7% during the third quarter. Raymond James Financial Inc. now owns 730,328 shares of the company’s stock worth $29,067,000 after buying an additional 408,198 shares during the period.

TCW Flexible Income ETF Stock Down 0.2%

FLXR stock opened at $39.32 on Thursday. The business has a 50-day moving average of $39.36 and a 200-day moving average of $39.57. TCW Flexible Income ETF has a fifty-two week low of $38.81 and a fifty-two week 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. Investors of record on Monday, March 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 was Monday, March 2nd.

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.