Mesirow Financial Investment Management Inc. Has $2.79 Million Stake in TCW Flexible Income ETF $FLXR

Mesirow Financial Investment Management Inc. reduced its position in TCW Flexible Income ETF (NYSEARCA:FLXR) by 16.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 70,346 shares of the company’s stock after selling 13,819 shares during the quarter. Mesirow Financial Investment Management Inc.’s holdings in TCW Flexible Income ETF were worth $2,786,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Advisory Services Network LLC lifted its holdings in shares of TCW Flexible Income ETF by 1.4% during the 3rd quarter. Advisory Services Network LLC now owns 21,814 shares of the company’s stock worth $868,000 after acquiring an additional 298 shares during the period. Pinnacle Bancorp Inc. raised its position in TCW Flexible Income ETF by 286.1% during the fourth quarter. Pinnacle Bancorp Inc. now owns 668 shares of the company’s stock valued at $26,000 after purchasing an additional 495 shares in the last quarter. Rovin Capital UT ADV raised its position in TCW Flexible Income ETF by 1.9% during the third quarter. Rovin Capital UT ADV now owns 37,069 shares of the company’s stock valued at $1,475,000 after purchasing an additional 697 shares in the last quarter. CAP Partners LLC lifted its stake in TCW Flexible Income ETF by 3.6% during the fourth quarter. CAP Partners LLC now owns 21,520 shares of the company’s stock worth $852,000 after purchasing an additional 755 shares during the last quarter. Finally, Nautilus Advisors LLC boosted its holdings in shares of TCW Flexible Income ETF by 13.2% in the 3rd quarter. Nautilus Advisors LLC now owns 7,984 shares of the company’s stock valued at $318,000 after purchasing an additional 929 shares in the last quarter.

TCW Flexible Income ETF Trading Down 0.1%

Shares of FLXR opened at $39.15 on Friday. TCW Flexible Income ETF has a 52-week low of $38.86 and a 52-week high of $39.97. The business’s fifty day moving average is $39.27 and its 200-day moving average is $39.53.

TCW Flexible Income ETF Announces Dividend

The firm also recently disclosed 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) annualized dividend 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.