Rothschild Wealth LLC Takes $9.45 Million Position in TCW Flexible Income ETF $FLXR

Rothschild Wealth LLC purchased a new stake in shares of TCW Flexible Income ETF (NYSEARCA:FLXR) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 238,726 shares of the company’s stock, valued at approximately $9,454,000. TCW Flexible Income ETF makes up approximately 1.1% of Rothschild Wealth LLC’s investment portfolio, making the stock its 22nd biggest position. Rothschild Wealth LLC owned 0.36% of TCW Flexible Income ETF as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Pinnacle Bancorp Inc. lifted its holdings in shares of 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. Ameritas Advisory Services LLC bought a new position in shares of TCW Flexible Income ETF during the third quarter valued at $185,000. Darden Wealth Group Inc bought a new position in shares of TCW Flexible Income ETF during the third quarter valued at $205,000. Truist Financial Corp bought a new position in shares of TCW Flexible Income ETF during the third quarter valued at $220,000. Finally, Bensler LLC bought a new position in shares of TCW Flexible Income ETF during the fourth quarter valued at $239,000.

TCW Flexible Income ETF Price Performance

Shares of NYSEARCA:FLXR opened at $39.32 on Monday. TCW Flexible Income ETF has a 1 year low of $38.93 and a 1 year high of $39.97. The stock’s fifty day moving average price is $39.22 and its 200-day moving average price is $39.48.

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.