Beckerman Institutional LLC Buys 21,987 Shares of TCW Flexible Income ETF $FLXR

Beckerman Institutional LLC grew its stake in TCW Flexible Income ETF (NYSEARCA:FLXR) by 22.8% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 118,222 shares of the company’s stock after buying an additional 21,987 shares during the quarter. TCW Flexible Income ETF comprises 2.8% of Beckerman Institutional LLC’s portfolio, making the stock its 9th largest holding. Beckerman Institutional LLC’s holdings in TCW Flexible Income ETF were worth $4,705,000 as of its most recent filing with the SEC.

Other large investors have also recently made changes to their positions in the company. PNC Financial Services Group Inc. lifted its stake 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 worth $91,000 after acquiring an additional 927 shares during the last quarter. AE Wealth Management LLC lifted its position in shares of 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. Wellspring Financial Advisors LLC purchased a new stake in shares of TCW Flexible Income ETF during the 2nd quarter worth $209,000. Truist Financial Corp acquired a new position in shares of TCW Flexible Income ETF during the third quarter worth $220,000. Finally, Cary Street Partners Investment Advisory LLC increased its holdings in TCW Flexible Income ETF by 42.4% in the second 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 Up 0.1%

Shares of NYSEARCA FLXR opened at $39.63 on Monday. The business has a 50-day moving average of $39.62 and a two-hundred day moving average of $39.67. TCW Flexible Income ETF has a 1 year low of $38.40 and a 1 year high of $39.97.

TCW Flexible Income ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Wednesday, February 4th. Investors of record on Monday, February 2nd were issued a $0.20 dividend. This represents a c) dividend on an annualized basis and a yield of 6.1%. The ex-dividend date of this dividend 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.