Peak Financial Management Inc. raised its position in TCW Flexible Income ETF (NYSEARCA:FLXR – Free Report) by 60.0% in the 3rd quarter, HoldingsChannel reports. The fund owned 199,231 shares of the company’s stock after purchasing an additional 74,705 shares during the period. TCW Flexible Income ETF makes up about 2.1% of Peak Financial Management Inc.’s investment portfolio, making the stock its 20th biggest holding. Peak Financial Management Inc.’s holdings in TCW Flexible Income ETF were worth $7,929,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also modified their holdings of the company. PNC Financial Services Group Inc. lifted its stake in TCW Flexible Income ETF by 125.2% during the first quarter. PNC Financial Services Group Inc. now owns 1,367 shares of the company’s stock worth $54,000 after purchasing an additional 760 shares during the period. Baird Financial Group Inc. acquired a new stake in TCW Flexible Income ETF in the 1st quarter valued at $1,682,000. Jane Street Group LLC grew its position in TCW Flexible Income ETF by 25.5% in the first quarter. Jane Street Group LLC now owns 43,800 shares of the company’s stock valued at $1,716,000 after acquiring an additional 8,900 shares during the period. Peak Financial Advisors LLC raised its stake in TCW Flexible Income ETF by 267.3% during the second quarter. Peak Financial Advisors LLC now owns 547,259 shares of the company’s stock worth $21,589,000 after acquiring an additional 398,263 shares in the last quarter. Finally, Parallel Advisors LLC acquired a new stake in shares of TCW Flexible Income ETF in the 2nd quarter valued at $283,000.
TCW Flexible Income ETF Price Performance
Shares of FLXR stock opened at $39.52 on Friday. TCW Flexible Income ETF has a 12-month low of $38.40 and a 12-month high of $39.97. The firm has a 50-day moving average price of $39.72 and a 200 day moving average price of $39.58.
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.
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