M&T Bank Corp Sells 1,276,088 Shares of TCW Flexible Income ETF $FLXR

M&T Bank Corp decreased its holdings in TCW Flexible Income ETF (NYSEARCA:FLXR) by 97.3% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 35,204 shares of the company’s stock after selling 1,276,088 shares during the period. M&T Bank Corp’s holdings in TCW Flexible Income ETF were worth $1,394,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Advisory Services Network LLC raised its stake in TCW Flexible Income ETF by 1.4% in the third quarter. Advisory Services Network LLC now owns 21,814 shares of the company’s stock valued at $868,000 after buying an additional 298 shares during the period. Pinnacle Bancorp Inc. raised its stake in TCW Flexible Income ETF by 286.1% in the fourth quarter. Pinnacle Bancorp Inc. now owns 668 shares of the company’s stock valued at $26,000 after buying an additional 495 shares during the period. Rovin Capital UT ADV raised its stake in TCW Flexible Income ETF by 1.9% in the third quarter. Rovin Capital UT ADV now owns 37,069 shares of the company’s stock valued at $1,475,000 after buying an additional 697 shares during the period. CAP Partners LLC raised its stake in TCW Flexible Income ETF by 4.4% in the third quarter. CAP Partners LLC now owns 20,765 shares of the company’s stock valued at $826,000 after buying an additional 884 shares during the period. Finally, Nautilus Advisors LLC raised its stake in TCW Flexible Income ETF by 13.2% in the third quarter. Nautilus Advisors LLC now owns 7,984 shares of the company’s stock valued at $318,000 after buying an additional 929 shares during the period.

TCW Flexible Income ETF Trading Down 0.2%

Shares of NYSEARCA FLXR opened at $39.32 on Thursday. TCW Flexible Income ETF has a 1-year low of $38.81 and a 1-year high of $39.97. The business’s 50 day moving average is $39.36 and its 200-day moving average is $39.57.

TCW Flexible Income ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were paid a dividend of $0.20 per share. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend 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.