Tsfg LLC Makes New Investment in TCW Flexible Income ETF $FLXR

Tsfg LLC purchased a new position in shares of TCW Flexible Income ETF (NYSEARCA:FLXR) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor purchased 100,550 shares of the company’s stock, valued at approximately $3,967,000.

Several other institutional investors also recently added to or reduced their stakes in the company. Bridgewealth Advisory Group LLC increased its position in TCW Flexible Income ETF by 48.0% during the second quarter. Bridgewealth Advisory Group LLC now owns 16,173 shares of the company’s stock worth $638,000 after buying an additional 5,248 shares during the period. Mesirow Financial Investment Management Inc. increased its position in TCW Flexible Income ETF by 183.3% during the second quarter. Mesirow Financial Investment Management Inc. now owns 41,724 shares of the company’s stock worth $1,646,000 after buying an additional 26,996 shares during the period. Atria Investments Inc acquired a new position in TCW Flexible Income ETF during the second quarter worth approximately $282,000. Brookwood Investment Group LLC acquired a new position in TCW Flexible Income ETF during the second quarter worth approximately $5,961,000. Finally, Pasadena Private Wealth LLC increased its position in TCW Flexible Income ETF by 21.0% during the second quarter. Pasadena Private Wealth LLC now owns 275,976 shares of the company’s stock worth $10,887,000 after buying an additional 47,824 shares during the period.

TCW Flexible Income ETF Price Performance

NYSEARCA:FLXR opened at $39.85 on Monday. The stock’s 50 day simple moving average is $39.79 and its 200-day simple moving average is $39.42. TCW Flexible Income ETF has a 12-month low of $38.40 and a 12-month high of $39.97.

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.