Pasadena Private Wealth LLC Purchases New Shares in TCW Flexible Income ETF (NYSEARCA:FLXR)

Pasadena Private Wealth LLC acquired a new position in TCW Flexible Income ETF (NYSEARCA:FLXR) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 224,039 shares of the company’s stock, valued at approximately $8,666,000. TCW Flexible Income ETF makes up about 1.8% of Pasadena Private Wealth LLC’s investment portfolio, making the stock its 14th largest holding.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Global Retirement Partners LLC purchased a new stake in shares of TCW Flexible Income ETF during the fourth quarter valued at approximately $77,000. Principal Securities Inc. purchased a new stake in shares of TCW Flexible Income ETF during the 4th quarter valued at $191,000. Versant Capital Management Inc bought a new stake in shares of TCW Flexible Income ETF during the 4th quarter worth $214,000. Park Avenue Securities LLC purchased a new position in shares of TCW Flexible Income ETF in the 4th quarter worth about $235,000. Finally, Arete Wealth Advisors LLC bought a new position in TCW Flexible Income ETF during the third quarter valued at about $267,000.

TCW Flexible Income ETF Stock Down 0.1 %

Shares of FLXR stock opened at $38.78 on Wednesday. TCW Flexible Income ETF has a 52 week low of $37.92 and a 52 week high of $40.00. The firm’s 50-day simple moving average is $38.75 and its two-hundred day simple moving average is $39.07.