TCW Flexible Income ETF $FLXR Shares Sold by Keudell Morrison Wealth Management

Keudell Morrison Wealth Management lowered its position in shares of TCW Flexible Income ETF (NYSEARCA:FLXR) by 7.1% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,100,368 shares of the company’s stock after selling 84,620 shares during the quarter. TCW Flexible Income ETF makes up about 8.8% of Keudell Morrison Wealth Management’s investment portfolio, making the stock its 2nd largest position. Keudell Morrison Wealth Management owned approximately 1.48% of TCW Flexible Income ETF worth $43,211,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in FLXR. Kavar Capital Partners Group LLC acquired a new stake in TCW Flexible Income ETF in the first quarter worth about $791,000. World Investment Advisors acquired a new position in TCW Flexible Income ETF during the 4th quarter valued at about $273,000. Axxcess Wealth Management LLC lifted its position in TCW Flexible Income ETF by 5.3% during the 4th quarter. Axxcess Wealth Management LLC now owns 104,291 shares of the company’s stock valued at $4,130,000 after purchasing an additional 5,252 shares during the period. Onyx Bridge Wealth Group LLC lifted its position in TCW Flexible Income ETF by 36.4% during the 4th quarter. Onyx Bridge Wealth Group LLC now owns 330,423 shares of the company’s stock valued at $13,085,000 after purchasing an additional 88,249 shares during the period. Finally, Equitable Holdings Inc. boosted its stake in shares of TCW Flexible Income ETF by 97.6% in the 4th quarter. Equitable Holdings Inc. now owns 86,530 shares of the company’s stock valued at $3,427,000 after purchasing an additional 42,732 shares during the last quarter.

TCW Flexible Income ETF Trading Up 0.1%

Shares of NYSEARCA:FLXR opened at $39.10 on Wednesday. TCW Flexible Income ETF has a one year low of $38.93 and a one year high of $39.97. The company has a 50 day moving average of $39.19 and a 200-day moving average of $39.40.

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.