TCW Flexible Income ETF $FLXR Shares Acquired by Morton Capital Management LLC CA

Morton Capital Management LLC CA increased its stake in shares of TCW Flexible Income ETF (NYSEARCA:FLXR) by 11.2% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 1,636,647 shares of the company’s stock after purchasing an additional 164,824 shares during the period. TCW Flexible Income ETF makes up approximately 10.0% of Morton Capital Management LLC CA’s investment portfolio, making the stock its 4th largest position. Morton Capital Management LLC CA owned 2.51% of TCW Flexible Income ETF worth $64,811,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in FLXR. Bank of America Corp DE boosted its position in shares of TCW Flexible Income ETF by 142.2% during the 2nd quarter. Bank of America Corp DE now owns 2,594,650 shares of the company’s stock worth $102,359,000 after purchasing an additional 1,523,535 shares during the period. UBS Group AG boosted its position in shares of 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 purchasing an additional 1,130,812 shares during the period. Leelyn Smith LLC boosted its position in shares of TCW Flexible Income ETF by 1,085.8% during the 4th quarter. Leelyn Smith LLC now owns 737,526 shares of the company’s stock worth $29,206,000 after purchasing an additional 675,329 shares during the period. Captrust Financial Advisors boosted its position in shares of TCW Flexible Income ETF by 12.3% during the 3rd quarter. Captrust Financial Advisors now owns 4,792,936 shares of the company’s stock worth $190,759,000 after purchasing an additional 524,151 shares during the period. Finally, Raymond James Financial Inc. boosted its position in shares of TCW Flexible Income ETF by 126.7% during the 3rd quarter. Raymond James Financial Inc. now owns 730,328 shares of the company’s stock worth $29,067,000 after purchasing an additional 408,198 shares during the period.

TCW Flexible Income ETF Stock Up 0.2%

NYSEARCA:FLXR opened at $39.23 on Thursday. The company has a 50 day moving average price of $39.33 and a 200 day moving average price of $39.55. TCW Flexible Income ETF has a fifty-two week low of $38.84 and a fifty-two week high of $39.97.

TCW Flexible Income ETF Announces Dividend

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

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.