Pasadena Private Wealth LLC Raises Stake in TCW Flexible Income ETF $FLXR

Pasadena Private Wealth LLC grew its holdings in TCW Flexible Income ETF (NYSEARCA:FLXR) by 4.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 354,615 shares of the company’s stock after purchasing an additional 16,082 shares during the period. TCW Flexible Income ETF makes up 1.9% of Pasadena Private Wealth LLC’s investment portfolio, making the stock its 13th largest position. Pasadena Private Wealth LLC’s holdings in TCW Flexible Income ETF were worth $14,043,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of FLXR. Jane Street Group LLC lifted its stake in shares of TCW Flexible Income ETF by 25.5% in the 1st quarter. Jane Street Group LLC now owns 43,800 shares of the company’s stock valued at $1,716,000 after purchasing an additional 8,900 shares during the last quarter. Baird Financial Group Inc. lifted its stake in shares of TCW Flexible Income ETF by 23.7% in the 2nd quarter. Baird Financial Group Inc. now owns 53,099 shares of the company’s stock valued at $2,095,000 after purchasing an additional 10,162 shares during the last quarter. Raymond James Financial Inc. lifted its stake in shares of TCW Flexible Income ETF by 5,541.5% in the 2nd quarter. Raymond James Financial Inc. now owns 322,130 shares of the company’s stock valued at $12,708,000 after purchasing an additional 316,420 shares during the last quarter. Ausdal Financial Partners Inc. acquired a new position in shares of TCW Flexible Income ETF in the 2nd quarter valued at $9,148,000. Finally, Bank of America Corp DE lifted its stake in shares of TCW Flexible Income ETF by 142.2% in the 2nd quarter. Bank of America Corp DE now owns 2,594,650 shares of the company’s stock valued at $102,359,000 after purchasing an additional 1,523,535 shares during the last quarter.

TCW Flexible Income ETF Stock Up 0.2%

Shares of TCW Flexible Income ETF stock opened at $39.29 on Friday. TCW Flexible Income ETF has a 52 week low of $38.93 and a 52 week high of $39.97. The business’s fifty day simple moving average is $39.22 and its 200-day simple moving average is $39.48.

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.