63,369 Shares in TCW Flexible Income ETF $FLXR Acquired by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. acquired a new position in TCW Flexible Income ETF (NYSE:FLXR) in the third quarter, Holdings Channel.com reports. The institutional investor acquired 63,369 shares of the company’s stock, valued at approximately $2,404,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in FLXR. Bank of America Corp DE grew its stake in TCW Flexible Income ETF by 29.4% in the 1st quarter. Bank of America Corp DE now owns 6,207,962 shares of the company’s stock valued at $243,787,000 after buying an additional 1,409,031 shares during the last quarter. First Pacific Financial lifted its stake in shares of TCW Flexible Income ETF by 2.1% in the third quarter. First Pacific Financial now owns 2,406,410 shares of the company’s stock valued at $91,275,000 after buying an additional 49,324 shares during the period. Envestnet Asset Management Inc. lifted its stake in shares of TCW Flexible Income ETF by 41.0% in the second quarter. Envestnet Asset Management Inc. now owns 2,158,257 shares of the company’s stock valued at $84,625,000 after buying an additional 627,369 shares during the period. Morton Capital Management LLC CA grew its position in TCW Flexible Income ETF by 2.5% during the third quarter. Morton Capital Management LLC CA now owns 1,878,081 shares of the company’s stock worth $71,236,000 after buying an additional 45,833 shares in the last quarter. Finally, Tectonic Advisors LLC grew its position in TCW Flexible Income ETF by 12.0% during the third quarter. Tectonic Advisors LLC now owns 841,815 shares of the company’s stock worth $31,930,000 after buying an additional 89,948 shares in the last quarter.

TCW Flexible Income ETF Stock Performance

Shares of FLXR opened at $38.19 on Friday. TCW Flexible Income ETF has a 12-month low of $36.03 and a 12-month high of $39.90. The stock’s 50-day moving average price is $38.23 and its 200 day moving average price is $39.00.

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.