TCW Flexible Income ETF $FLXR Shares Sold by BlueStem Wealth Partners LLC

BlueStem Wealth Partners LLC lessened its stake in TCW Flexible Income ETF (NYSEARCA:FLXR) by 29.2% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 279,374 shares of the company’s stock after selling 115,449 shares during the quarter. TCW Flexible Income ETF comprises 1.2% of BlueStem Wealth Partners LLC’s portfolio, making the stock its 22nd largest holding. BlueStem Wealth Partners LLC’s holdings in TCW Flexible Income ETF were worth $11,063,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Bank of America Corp DE lifted its stake in TCW Flexible Income ETF by 142.2% in the second quarter. Bank of America Corp DE now owns 2,594,650 shares of the company’s stock valued at $102,359,000 after buying an additional 1,523,535 shares during the last quarter. UBS Group AG increased its holdings in shares of TCW Flexible Income ETF by 96.4% in the third quarter. UBS Group AG now owns 2,303,537 shares of the company’s stock valued at $91,681,000 after purchasing an additional 1,130,812 shares during the period. Leelyn Smith LLC increased its holdings in shares of TCW Flexible Income ETF by 1,085.8% in the fourth quarter. Leelyn Smith LLC now owns 737,526 shares of the company’s stock valued at $29,206,000 after purchasing an additional 675,329 shares during the period. Captrust Financial Advisors grew its holdings in TCW Flexible Income ETF by 12.3% during the third quarter. Captrust Financial Advisors now owns 4,792,936 shares of the company’s stock worth $190,759,000 after acquiring an additional 524,151 shares during the period. Finally, Raymond James Financial Inc. grew its holdings in TCW Flexible Income ETF by 126.7% during the third quarter. Raymond James Financial Inc. now owns 730,328 shares of the company’s stock worth $29,067,000 after acquiring an additional 408,198 shares during the period.

TCW Flexible Income ETF Stock Down 0.2%

Shares of FLXR stock opened at $38.95 on Wednesday. The business’s fifty day moving average price is $39.24 and its 200 day moving average price is $39.51. TCW Flexible Income ETF has a 1-year low of $38.92 and a 1-year high of $39.97.

TCW Flexible Income ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were given a dividend of $0.20 per share. This represents a c) dividend on an annualized basis and a yield of 6.2%. The ex-dividend date was Monday, March 2nd.

About TCW Flexible Income ETF

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.