Stratos Investment Management LLC Acquires New Holdings in TCW Flexible Income ETF $FLXR

Stratos Investment Management LLC bought a new position in shares of TCW Flexible Income ETF (NYSEARCA:FLXR) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 19,211 shares of the company’s stock, valued at approximately $765,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. PNC Financial Services Group Inc. lifted its stake in shares of TCW Flexible Income ETF by 67.8% during the 2nd 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 raised 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 purchasing an additional 376 shares in the last quarter. Wellspring Financial Advisors LLC bought a new position in TCW Flexible Income ETF in the second quarter worth about $209,000. Truist Financial Corp purchased a new stake in shares of TCW Flexible Income ETF during the third quarter valued at about $220,000. Finally, Cary Street Partners Investment Advisory LLC boosted its holdings in shares of TCW Flexible Income ETF by 42.4% in the 2nd 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 in the last quarter.

TCW Flexible Income ETF Stock Up 0.1%

Shares of TCW Flexible Income ETF stock opened at $39.64 on Thursday. TCW Flexible Income ETF has a 52-week low of $38.40 and a 52-week high of $39.97. The firm’s 50 day moving average price is $39.62 and its 200-day moving average price is $39.68.

TCW Flexible Income ETF Dividend Announcement

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

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.