3EDGE Asset Management LP Acquires 38,910 Shares of TCW Flexible Income ETF $FLXR

3EDGE Asset Management LP raised its stake in shares of TCW Flexible Income ETF (NYSEARCA:FLXR) by 28.2% during the 4th quarter, Holdings Channel reports. The fund owned 176,990 shares of the company’s stock after purchasing an additional 38,910 shares during the period. 3EDGE Asset Management LP’s holdings in TCW Flexible Income ETF were worth $7,009,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in FLXR. BlueStem Wealth Partners LLC grew its position in shares of TCW Flexible Income ETF by 17.1% in the 3rd quarter. BlueStem Wealth Partners LLC now owns 394,823 shares of the company’s stock worth $15,714,000 after buying an additional 57,682 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in shares of TCW Flexible Income ETF by 18.1% during the 3rd quarter. Envestnet Asset Management Inc. now owns 1,234,435 shares of the company’s stock valued at $49,131,000 after buying an additional 189,577 shares during the last quarter. Weaver Capital Management LLC boosted its position in TCW Flexible Income ETF by 9.8% in 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 in the last quarter. Mesirow Financial Investment Management Inc. raised its position in shares of TCW Flexible Income ETF by 101.7% in the third quarter. Mesirow Financial Investment Management Inc. now owns 84,165 shares of the company’s stock worth $3,350,000 after acquiring an additional 42,441 shares during the period. Finally, Leelyn Smith LLC boosted its position in TCW Flexible Income ETF by 1,085.8% during the fourth 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.

TCW Flexible Income ETF Price Performance

Shares of NYSEARCA FLXR opened at $38.95 on Wednesday. TCW Flexible Income ETF has a one year low of $38.92 and a one year high of $39.97. The firm has a fifty day moving average of $39.24 and a 200 day moving average of $39.51.

TCW Flexible Income ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Investors 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 6.2%.

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.