Breakwater Capital Group Increases Stake in TCW Flexible Income ETF $FLXR

Breakwater Capital Group raised its holdings in shares of TCW Flexible Income ETF (NYSE:FLXR) by 2,591.9% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 225,392 shares of the company’s stock after acquiring an additional 217,019 shares during the period. TCW Flexible Income ETF makes up 1.0% of Breakwater Capital Group’s holdings, making the stock its 21st largest position. Breakwater Capital Group’s holdings in TCW Flexible Income ETF were worth $8,549,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Bank of America Corp DE boosted its position in shares of TCW Flexible Income ETF by 29.4% in the 1st quarter. Bank of America Corp DE now owns 6,207,962 shares of the company’s stock worth $243,787,000 after purchasing an additional 1,409,031 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in TCW Flexible Income ETF by 41.0% during the second quarter. Envestnet Asset Management Inc. now owns 2,158,257 shares of the company’s stock worth $84,625,000 after buying an additional 627,369 shares during the last quarter. Wealthspire Retirement LLC acquired a new position in shares of TCW Flexible Income ETF during the 1st quarter worth about $21,058,000. Family Manage LLC grew its position in shares of TCW Flexible Income ETF by 100.8% during the 1st quarter. Family Manage LLC now owns 789,776 shares of the company’s stock worth $31,015,000 after buying an additional 396,463 shares during the period. Finally, Captrust Financial Advisors increased its stake in shares of TCW Flexible Income ETF by 7.9% in the 4th quarter. Captrust Financial Advisors now owns 5,169,200 shares of the company’s stock valued at $204,700,000 after acquiring an additional 376,264 shares during the last quarter.

TCW Flexible Income ETF Trading Up 0.1%

Shares of NYSE:FLXR opened at $37.84 on Friday. The firm’s 50 day simple moving average is $38.53 and its 200 day simple moving average is $38.92. TCW Flexible Income ETF has a fifty-two week low of $36.03 and a fifty-two week high of $39.97.

About TCW Flexible Income ETF

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.