Pasadena Private Wealth LLC Purchases 47,824 Shares of TCW Flexible Income ETF $FLXR

Pasadena Private Wealth LLC lifted its stake in shares of TCW Flexible Income ETF (NYSEARCA:FLXR) by 21.0% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 275,976 shares of the company’s stock after purchasing an additional 47,824 shares during the quarter. TCW Flexible Income ETF accounts for about 1.9% of Pasadena Private Wealth LLC’s holdings, making the stock its 12th largest position. Pasadena Private Wealth LLC owned about 0.75% of TCW Flexible Income ETF worth $10,887,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Parallel Advisors LLC purchased a new position in TCW Flexible Income ETF during the second quarter worth about $283,000. Park Avenue Securities LLC purchased a new position in TCW Flexible Income ETF during the second quarter worth about $353,000. Envestnet Asset Management Inc. grew its position in TCW Flexible Income ETF by 103.4% during the first quarter. Envestnet Asset Management Inc. now owns 903,751 shares of the company’s stock worth $35,400,000 after buying an additional 459,526 shares in the last quarter. Cetera Investment Advisers grew its position in TCW Flexible Income ETF by 1.8% during the first quarter. Cetera Investment Advisers now owns 34,093 shares of the company’s stock worth $1,335,000 after buying an additional 603 shares in the last quarter. Finally, Oppenheimer & Co. Inc. grew its position in TCW Flexible Income ETF by 139.6% during the first quarter. Oppenheimer & Co. Inc. now owns 25,221 shares of the company’s stock worth $988,000 after buying an additional 14,695 shares in the last quarter.

TCW Flexible Income ETF Trading Up 0.1%

FLXR opened at $39.91 on Monday. The stock has a 50-day moving average price of $39.76 and a 200-day moving average price of $39.38. TCW Flexible Income ETF has a 12-month low of $38.40 and a 12-month high of $39.95.

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.