28,722 Shares in TCW Flexible Income ETF $FLXR Purchased by Encompass More Asset Management

Encompass More Asset Management acquired a new position in TCW Flexible Income ETF (NYSEARCA:FLXR) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 28,722 shares of the company’s stock, valued at approximately $1,137,000.

Other institutional investors also recently bought and sold shares of the company. Pinnacle Bancorp Inc. boosted its holdings in TCW Flexible Income ETF by 286.1% in the 4th quarter. Pinnacle Bancorp Inc. now owns 668 shares of the company’s stock worth $26,000 after buying an additional 495 shares during the last quarter. Ameritas Advisory Services LLC acquired a new stake in TCW Flexible Income ETF in the 3rd quarter worth about $185,000. Darden Wealth Group Inc acquired a new stake in TCW Flexible Income ETF in the 3rd quarter worth about $205,000. Truist Financial Corp acquired a new stake in TCW Flexible Income ETF in the 3rd quarter worth about $220,000. Finally, Barnes Pettey Financial Advisors LLC acquired a new stake in TCW Flexible Income ETF in the 4th quarter worth about $265,000.

TCW Flexible Income ETF Trading Up 0.2%

FLXR stock opened at $39.23 on Thursday. TCW Flexible Income ETF has a 12-month low of $38.84 and a 12-month high of $39.97. The business’s 50-day moving average is $39.33 and its 200 day moving average is $39.55.

TCW Flexible Income ETF Announces Dividend

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

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.