173,381 Shares in TCW Flexible Income ETF $FLXR Bought by Arax Advisory Partners

Arax Advisory Partners purchased a new position in shares of TCW Flexible Income ETF (NYSEARCA:FLXR) in the fourth quarter, HoldingsChannel reports. The institutional investor purchased 173,381 shares of the company’s stock, valued at approximately $6,866,000.

Other institutional investors have also recently added to or reduced their stakes in the company. BlueStem Wealth Partners LLC boosted its position in TCW Flexible Income ETF by 17.1% during the 3rd quarter. BlueStem Wealth Partners LLC now owns 394,823 shares of the company’s stock worth $15,714,000 after purchasing an additional 57,682 shares during the period. Weaver Capital Management LLC boosted its position in TCW Flexible Income ETF by 9.8% during the 4th quarter. Weaver Capital Management LLC now owns 510,726 shares of the company’s stock worth $20,225,000 after purchasing an additional 45,635 shares during the period. Mesirow Financial Investment Management Inc. boosted its position in TCW Flexible Income ETF by 101.7% during the 3rd quarter. Mesirow Financial Investment Management Inc. now owns 84,165 shares of the company’s stock worth $3,350,000 after purchasing an additional 42,441 shares during the period. DeLarme Wealth Management Inc. acquired a new position in TCW Flexible Income ETF in the 4th quarter worth $887,000. Finally, CWM LLC lifted its holdings in TCW Flexible Income ETF by 31.8% in the 4th quarter. CWM LLC now owns 266,395 shares of the company’s stock worth $10,549,000 after buying an additional 64,337 shares in the last quarter.

TCW Flexible Income ETF Trading Up 0.0%

Shares of FLXR stock opened at $39.13 on Friday. TCW Flexible Income ETF has a 12 month low of $38.93 and a 12 month high of $39.97. The company’s fifty day moving average price is $39.20 and its two-hundred day moving average price is $39.44.

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.