TCW Flexible Income ETF $FLXR Stock Bought by Tectonic Advisors LLC

Tectonic Advisors LLC lifted its position in TCW Flexible Income ETF (NYSE:FLXR) by 12.0% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 841,815 shares of the company’s stock after acquiring an additional 89,948 shares during the quarter. TCW Flexible Income ETF comprises approximately 1.4% of Tectonic Advisors LLC’s portfolio, making the stock its 13th largest holding. Tectonic Advisors LLC’s holdings in TCW Flexible Income ETF were worth $31,930,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. ProCore Advisors LLC raised its stake in shares of TCW Flexible Income ETF by 0.5% during the 3rd quarter. ProCore Advisors LLC now owns 104,734 shares of the company’s stock worth $3,973,000 after purchasing an additional 473 shares during the period. CAP Partners LLC grew its holdings in TCW Flexible Income ETF by 2.3% during the first quarter. CAP Partners LLC now owns 22,009 shares of the company’s stock valued at $864,000 after purchasing an additional 489 shares during the period. TD Waterhouse Canada Inc. bought a new position in TCW Flexible Income ETF during the third quarter valued at $26,000. IFP Advisors Inc increased its position in TCW Flexible Income ETF by 35.6% in the second quarter. IFP Advisors Inc now owns 3,205 shares of the company’s stock worth $126,000 after buying an additional 841 shares during the last quarter. Finally, DeLarme Wealth Management Inc. increased its position in TCW Flexible Income ETF by 3.9% in the first quarter. DeLarme Wealth Management Inc. now owns 23,280 shares of the company’s stock worth $914,000 after buying an additional 869 shares during the last quarter.

TCW Flexible Income ETF Trading Up 0.0%

FLXR traded up $0.01 during trading hours on Friday, hitting $38.02. The stock had a trading volume of 1,890,077 shares, compared to its average volume of 491,333. TCW Flexible Income ETF has a 1 year low of $36.03 and a 1 year high of $39.97. The company’s fifty day simple moving average is $38.32 and its 200 day simple moving average is $38.83.

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.