Bellevue Asset Management LLC Makes New $4.05 Million Investment in TCW Flexible Income ETF $FLXR

Bellevue Asset Management LLC purchased a new position in shares of TCW Flexible Income ETF (NYSEARCA:FLXR) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 102,568 shares of the company’s stock, valued at approximately $4,046,000. TCW Flexible Income ETF comprises about 2.0% of Bellevue Asset Management LLC’s holdings, making the stock its 11th biggest holding. Bellevue Asset Management LLC owned 0.28% of TCW Flexible Income ETF at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of FLXR. Wealth Enhancement Advisory Services LLC purchased a new position in TCW Flexible Income ETF during the 1st quarter worth approximately $1,126,000. Morton Capital Management LLC CA grew its stake in shares of TCW Flexible Income ETF by 5.1% during the 1st quarter. Morton Capital Management LLC CA now owns 1,303,569 shares of the company’s stock worth $51,061,000 after purchasing an additional 63,837 shares during the period. Envestnet Portfolio Solutions Inc. grew its stake in shares of TCW Flexible Income ETF by 23.4% during the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 81,080 shares of the company’s stock worth $3,176,000 after purchasing an additional 15,352 shares during the period. Weaver Capital Management LLC grew its stake in shares of TCW Flexible Income ETF by 218.6% during the 1st quarter. Weaver Capital Management LLC now owns 385,644 shares of the company’s stock worth $15,106,000 after purchasing an additional 264,607 shares during the period. Finally, Cambridge Investment Research Advisors Inc. grew its stake in shares of TCW Flexible Income ETF by 22.9% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 135,511 shares of the company’s stock worth $5,308,000 after purchasing an additional 25,280 shares during the period.

TCW Flexible Income ETF Stock Up 0.0%

Shares of NYSEARCA FLXR opened at $39.68 on Wednesday. TCW Flexible Income ETF has a 12 month low of $38.40 and a 12 month high of $39.95. The firm’s 50 day simple moving average is $39.68 and its 200-day simple moving average is $39.30.

TCW Flexible Income ETF Company 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.