Pasadena Private Wealth LLC Boosts Stock Position in TCW Flexible Income ETF $FLXR

Pasadena Private Wealth LLC grew its holdings in TCW Flexible Income ETF (NYSEARCA:FLXR) by 4.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 354,615 shares of the company’s stock after buying an additional 16,082 shares during the quarter. TCW Flexible Income ETF accounts for 1.9% of Pasadena Private Wealth LLC’s investment portfolio, making the stock its 13th largest position. Pasadena Private Wealth LLC owned about 0.54% of TCW Flexible Income ETF worth $14,043,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Northwestern Mutual Wealth Management Co. increased its position in shares of TCW Flexible Income ETF by 50.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 330,908 shares of the company’s stock worth $13,104,000 after purchasing an additional 111,413 shares in the last quarter. Beckerman Institutional LLC increased its position in shares of TCW Flexible Income ETF by 6.8% during the fourth quarter. Beckerman Institutional LLC now owns 126,218 shares of the company’s stock worth $4,998,000 after purchasing an additional 7,996 shares in the last quarter. Cary Street Partners Investment Advisory LLC increased its position in shares of TCW Flexible Income ETF by 884.3% during the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 59,332 shares of the company’s stock worth $2,350,000 after purchasing an additional 53,304 shares in the last quarter. Cary Street Partners Financial LLC increased its position in shares of TCW Flexible Income ETF by 3.5% during the fourth quarter. Cary Street Partners Financial LLC now owns 1,471,817 shares of the company’s stock worth $58,284,000 after purchasing an additional 49,142 shares in the last quarter. Finally, Diversified Portfolios Inc. increased its position in shares of TCW Flexible Income ETF by 341.8% during the fourth quarter. Diversified Portfolios Inc. now owns 31,148 shares of the company’s stock worth $1,233,000 after purchasing an additional 24,098 shares in the last quarter.

TCW Flexible Income ETF Trading Up 0.2%

Shares of FLXR opened at $39.29 on Friday. TCW Flexible Income ETF has a one year low of $38.93 and a one year high of $39.97. The stock has a 50 day moving average price of $39.22 and a 200 day moving average price of $39.48.

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.