Spectrum Wealth Advisory Group LLC Sells 298,303 Shares of TCW Flexible Income ETF $FLXR

Spectrum Wealth Advisory Group LLC lessened its position in TCW Flexible Income ETF (NYSE:FLXR) by 75.4% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 97,389 shares of the company’s stock after selling 298,303 shares during the period. TCW Flexible Income ETF accounts for about 1.0% of Spectrum Wealth Advisory Group LLC’s investment portfolio, making the stock its 20th largest holding. Spectrum Wealth Advisory Group LLC’s holdings in TCW Flexible Income ETF were worth $3,694,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently bought and sold shares of FLXR. ProCore Advisors LLC lifted its position in TCW Flexible Income ETF by 0.5% during the 3rd quarter. ProCore Advisors LLC now owns 104,734 shares of the company’s stock worth $3,973,000 after acquiring an additional 473 shares during the last quarter. CAP Partners LLC grew its position in shares of TCW Flexible Income ETF by 2.3% in the first quarter. CAP Partners LLC now owns 22,009 shares of the company’s stock valued at $864,000 after purchasing an additional 489 shares during the last quarter. Financial Network Wealth Advisors LLC acquired a new stake in shares of TCW Flexible Income ETF in the third quarter valued at about $26,000. TD Waterhouse Canada Inc. acquired a new stake in shares of TCW Flexible Income ETF in the third quarter valued at about $26,000. Finally, IFP Advisors Inc increased its stake in shares of TCW Flexible Income ETF by 35.6% in the second quarter. IFP Advisors Inc now owns 3,205 shares of the company’s stock worth $126,000 after purchasing an additional 841 shares during the period.

TCW Flexible Income ETF Trading Up 0.0%

TCW Flexible Income ETF stock opened at $37.98 on Wednesday. TCW Flexible Income ETF has a 52 week low of $36.03 and a 52 week high of $39.90. The business’s 50-day simple moving average is $38.19 and its 200-day simple moving average is $38.98.

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.