Stratos Investment Management LLC Invests $765,000 in TCW Flexible Income ETF $FLXR

Stratos Investment Management LLC acquired a new stake in shares of TCW Flexible Income ETF (NYSEARCA:FLXR) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 19,211 shares of the company’s stock, valued at approximately $765,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Captrust Financial Advisors raised its position in shares of TCW Flexible Income ETF by 5.0% during the second quarter. Captrust Financial Advisors now owns 4,268,785 shares of the company’s stock valued at $168,404,000 after buying an additional 202,366 shares during the last quarter. Bank of America Corp DE grew its stake in 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 valued at $102,359,000 after acquiring an additional 1,523,535 shares in the last quarter. First Pacific Financial increased its holdings in TCW Flexible Income ETF by 3.0% in the 3rd quarter. First Pacific Financial now owns 1,938,278 shares of the company’s stock valued at $77,143,000 after acquiring an additional 56,732 shares during the last quarter. Morton Capital Management LLC CA lifted its stake in TCW Flexible Income ETF by 7.1% in the 3rd quarter. Morton Capital Management LLC CA now owns 1,471,823 shares of the company’s stock worth $58,579,000 after purchasing an additional 97,974 shares in the last quarter. Finally, Cary Street Partners Financial LLC boosted its holdings in shares of TCW Flexible Income ETF by 13.6% during the 2nd quarter. Cary Street Partners Financial LLC now owns 1,303,769 shares of the company’s stock valued at $51,434,000 after purchasing an additional 156,424 shares during the last quarter.

TCW Flexible Income ETF Stock Up 0.1%

Shares of FLXR stock opened at $39.64 on Thursday. TCW Flexible Income ETF has a 12-month low of $38.40 and a 12-month high of $39.97. The stock’s 50-day moving average price is $39.62 and its 200-day moving average price is $39.68.

TCW Flexible Income ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were given a dividend of $0.20 per share. This represents a c) dividend on an annualized basis and a dividend yield of 6.1%. The ex-dividend date was Monday, February 2nd.

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.