TCW Flexible Income ETF $FLXR Holdings Boosted by Morling Financial Advisors LLC

Morling Financial Advisors LLC grew its stake in TCW Flexible Income ETF (NYSEARCA:FLXR) by 7.5% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 793,655 shares of the company’s stock after purchasing an additional 55,311 shares during the quarter. TCW Flexible Income ETF makes up 9.6% of Morling Financial Advisors LLC’s holdings, making the stock its 3rd biggest position. Morling Financial Advisors LLC owned about 1.04% of TCW Flexible Income ETF worth $31,167,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of FLXR. Morgan Stanley raised its position in shares of TCW Flexible Income ETF by 416.0% during the 4th quarter. Morgan Stanley now owns 2,209,223 shares of the company’s stock worth $87,485,000 after purchasing an additional 1,781,091 shares during the last quarter. Bank of America Corp DE boosted its holdings in TCW Flexible Income ETF by 142.2% in the 2nd quarter. Bank of America Corp DE now owns 2,594,650 shares of the company’s stock worth $102,359,000 after buying an additional 1,523,535 shares during the last quarter. Keudell Morrison Wealth Management purchased a new stake in TCW Flexible Income ETF during the 4th quarter worth approximately $46,926,000. UBS Group AG increased its stake in TCW Flexible Income ETF by 96.4% during the 3rd quarter. UBS Group AG now owns 2,303,537 shares of the company’s stock worth $91,681,000 after buying an additional 1,130,812 shares in the last quarter. Finally, Wells Fargo & Company MN acquired a new position in shares of TCW Flexible Income ETF during the fourth quarter valued at approximately $32,081,000.

TCW Flexible Income ETF Stock Performance

NYSEARCA FLXR opened at $39.05 on Friday. The stock’s 50 day simple moving average is $39.10 and its 200-day simple moving average is $39.34. TCW Flexible Income ETF has a 1-year low of $38.90 and a 1-year high of $39.97.

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.