Cary Street Partners Investment Advisory LLC Boosts Holdings in TCW Flexible Income ETF $FLXR

Cary Street Partners Investment Advisory LLC increased its holdings in TCW Flexible Income ETF (NYSEARCA:FLXR) by 884.3% during the fourth quarter, Holdings Channel reports. The firm owned 59,332 shares of the company’s stock after acquiring an additional 53,304 shares during the quarter. Cary Street Partners Investment Advisory LLC’s holdings in TCW Flexible Income ETF were worth $2,350,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in FLXR. Bank of America Corp DE lifted its holdings in 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 worth $102,359,000 after purchasing an additional 1,523,535 shares in the last quarter. Keudell Morrison Wealth Management purchased a new position in TCW Flexible Income ETF in the 4th quarter worth approximately $46,926,000. UBS Group AG lifted its holdings in TCW Flexible Income ETF by 96.4% in 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 in the last quarter. Leelyn Smith LLC lifted its holdings in TCW Flexible Income ETF by 1,085.8% in 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 in the last quarter. Finally, Captrust Financial Advisors lifted its holdings in TCW Flexible Income ETF by 12.3% in 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 in the last quarter.

TCW Flexible Income ETF Price Performance

NYSEARCA FLXR opened at $39.15 on Tuesday. The stock’s 50 day moving average is $39.22 and its 200 day moving average is $39.49. TCW Flexible Income ETF has a 12 month low of $38.93 and a 12 month high of $39.97.

TCW Flexible Income ETF Announces Dividend

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

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.