Concord Asset Management LLC VA Invests $625,000 in TCW Flexible Income ETF $FLXR

Concord Asset Management LLC VA bought a new position in shares of TCW Flexible Income ETF (NYSEARCA:FLXR) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 15,846 shares of the company’s stock, valued at approximately $625,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. PNC Financial Services Group Inc. grew its stake in TCW Flexible Income ETF by 125.2% in the 1st quarter. PNC Financial Services Group Inc. now owns 1,367 shares of the company’s stock worth $54,000 after buying an additional 760 shares in the last quarter. Hollencrest Capital Management lifted its holdings in shares of TCW Flexible Income ETF by 100.0% during the 1st quarter. Hollencrest Capital Management now owns 2,560 shares of the company’s stock worth $100,000 after acquiring an additional 1,280 shares during the last quarter. AE Wealth Management LLC purchased a new stake in TCW Flexible Income ETF during the first quarter valued at about $112,000. Cary Street Partners Investment Advisory LLC purchased a new stake in TCW Flexible Income ETF during the first quarter valued at about $166,000. Finally, Apollon Financial LLC purchased a new stake in TCW Flexible Income ETF during the first quarter valued at about $224,000.

TCW Flexible Income ETF Trading Up 0.1%

Shares of TCW Flexible Income ETF stock opened at $39.76 on Tuesday. The business’s 50-day moving average price is $39.70 and its 200-day moving average price is $39.32. TCW Flexible Income ETF has a 12 month low of $38.40 and a 12 month high of $39.95.

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.