Tectonic Advisors LLC Grows Stock Holdings in TCW Flexible Income ETF $FLXR

Tectonic Advisors LLC grew its position in TCW Flexible Income ETF (NYSEARCA:FLXR) by 4.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 588,747 shares of the company’s stock after purchasing an additional 23,754 shares during the quarter. TCW Flexible Income ETF comprises approximately 1.3% of Tectonic Advisors LLC’s investment portfolio, making the stock its 13th biggest holding. Tectonic Advisors LLC owned about 1.18% of TCW Flexible Income ETF worth $23,432,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of FLXR. AE Wealth Management LLC grew its position in TCW Flexible Income ETF by 13.1% during the 2nd quarter. AE Wealth Management LLC now owns 3,236 shares of the company’s stock worth $128,000 after purchasing an additional 376 shares during the last quarter. Advisory Services Network LLC lifted its position in TCW Flexible Income ETF by 4.1% during the second quarter. Advisory Services Network LLC now owns 21,516 shares of the company’s stock valued at $849,000 after purchasing an additional 856 shares during the period. PNC Financial Services Group Inc. boosted its holdings in TCW Flexible Income ETF by 67.8% in the second quarter. PNC Financial Services Group Inc. now owns 2,294 shares of the company’s stock valued at $91,000 after purchasing an additional 927 shares during the last quarter. CAP Partners LLC raised its stake in shares of TCW Flexible Income ETF by 7.0% during the 2nd quarter. CAP Partners LLC now owns 19,881 shares of the company’s stock valued at $784,000 after buying an additional 1,300 shares during the last quarter. Finally, Cary Street Partners Investment Advisory LLC raised its stake in shares of TCW Flexible Income ETF by 42.4% during the 2nd quarter. Cary Street Partners Investment Advisory LLC now owns 6,028 shares of the company’s stock valued at $238,000 after buying an additional 1,796 shares during the last quarter.

TCW Flexible Income ETF Stock Performance

Shares of FLXR opened at $39.60 on Friday. TCW Flexible Income ETF has a 52 week low of $38.40 and a 52 week high of $39.97. The stock’s 50-day moving average price is $39.66 and its 200-day moving average price is $39.61.

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.