Maridea Wealth Management LLC Acquires Shares of 76,839 TCW Flexible Income ETF $FLXR

Maridea Wealth Management LLC acquired a new stake in shares of TCW Flexible Income ETF (NYSEARCA:FLXR) during the third quarter, according to its most recent filing with the SEC. The fund acquired 76,839 shares of the company’s stock, valued at approximately $3,064,000. Maridea Wealth Management LLC owned 0.15% of TCW Flexible Income ETF as of its most recent filing with the SEC.

A number of other hedge funds 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% during the second quarter. PNC Financial Services Group Inc. now owns 2,294 shares of the company’s stock worth $91,000 after purchasing an additional 927 shares during the last quarter. AE Wealth Management LLC lifted its holdings in TCW Flexible Income ETF by 13.1% in the second quarter. AE Wealth Management LLC now owns 3,236 shares of the company’s stock worth $128,000 after buying an additional 376 shares during the period. Ameritas Advisory Services LLC bought a new position in TCW Flexible Income ETF in the third quarter worth $185,000. Wellspring Financial Advisors LLC purchased a new position in TCW Flexible Income ETF during the 2nd quarter valued at about $209,000. Finally, Truist Financial Corp purchased a new position in shares of TCW Flexible Income ETF during the third quarter valued at approximately $220,000.

TCW Flexible Income ETF Trading Down 0.0%

Shares of TCW Flexible Income ETF stock opened at $39.76 on Wednesday. TCW Flexible Income ETF has a 1 year low of $38.40 and a 1 year high of $39.97. The firm’s 50-day moving average is $39.64 and its 200 day moving average is $39.69.

TCW Flexible Income ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd were given a $0.20 dividend. The ex-dividend date was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 6.0%.

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.