UBS Group AG Acquires 593,856 Shares of TCW Flexible Income ETF $FLXR

UBS Group AG grew its holdings in TCW Flexible Income ETF (NYSEARCA:FLXR) by 25.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 2,897,393 shares of the company’s stock after purchasing an additional 593,856 shares during the period. UBS Group AG owned approximately 4.48% of TCW Flexible Income ETF worth $114,737,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Captrust Financial Advisors increased its stake in shares of TCW Flexible Income ETF by 12.3% in the 3rd quarter. Captrust Financial Advisors now owns 4,792,936 shares of the company’s stock valued at $190,759,000 after purchasing an additional 524,151 shares during the last quarter. Bank of America Corp DE increased its stake in shares of TCW Flexible Income ETF by 46.5% in the 3rd quarter. Bank of America Corp DE now owns 3,802,200 shares of the company’s stock valued at $151,328,000 after purchasing an additional 1,207,550 shares during the last quarter. First Pacific Financial increased its stake in shares of TCW Flexible Income ETF by 12.3% in the 4th quarter. First Pacific Financial now owns 2,175,863 shares of the company’s stock valued at $86,164,000 after purchasing an additional 237,585 shares during the last quarter. Morton Capital Management LLC CA increased its stake in shares of TCW Flexible Income ETF by 7.1% in the 3rd quarter. Morton Capital Management LLC CA now owns 1,471,823 shares of the company’s stock valued at $58,579,000 after purchasing an additional 97,974 shares during the last quarter. Finally, Cary Street Partners Financial LLC increased its stake in shares of TCW Flexible Income ETF by 9.1% in the 3rd quarter. Cary Street Partners Financial LLC now owns 1,422,675 shares of the company’s stock valued at $56,622,000 after purchasing an additional 118,906 shares during the last quarter.

TCW Flexible Income ETF Stock Performance

Shares of FLXR stock opened at $39.17 on Friday. TCW Flexible Income ETF has a twelve month low of $38.81 and a twelve month high of $39.97. The stock’s fifty day simple moving average is $39.35 and its 200 day simple moving average is $39.57.

TCW Flexible Income ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were given 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 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.