TCW Flexible Income ETF $FLXR Shares Purchased by Mesirow Financial Investment Management Inc.

Mesirow Financial Investment Management Inc. raised its position in shares of TCW Flexible Income ETF (NYSEARCA:FLXR) by 101.7% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 84,165 shares of the company’s stock after purchasing an additional 42,441 shares during the quarter. Mesirow Financial Investment Management Inc.’s holdings in TCW Flexible Income ETF were worth $3,350,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of FLXR. Jane Street Group LLC lifted its holdings in shares of TCW Flexible Income ETF by 25.5% in the first quarter. Jane Street Group LLC now owns 43,800 shares of the company’s stock valued at $1,716,000 after buying an additional 8,900 shares during the period. Envestnet Asset Management Inc. raised its position in TCW Flexible Income ETF by 15.6% in the second quarter. Envestnet Asset Management Inc. now owns 1,044,858 shares of the company’s stock worth $41,220,000 after acquiring an additional 141,107 shares in the last quarter. Atria Investments Inc bought a new stake in TCW Flexible Income ETF in the second quarter worth about $282,000. Bridgewealth Advisory Group LLC lifted its holdings in TCW Flexible Income ETF by 48.0% in the 2nd quarter. Bridgewealth Advisory Group LLC now owns 16,173 shares of the company’s stock valued at $638,000 after acquiring an additional 5,248 shares during the last quarter. Finally, Tsfg LLC bought a new position in shares of TCW Flexible Income ETF during the 2nd quarter valued at about $3,967,000.

TCW Flexible Income ETF Stock Up 0.1%

Shares of FLXR opened at $39.79 on Friday. The firm’s 50 day moving average is $39.66 and its 200-day moving average is $39.70. TCW Flexible Income ETF has a 12-month low of $38.40 and a 12-month high of $39.97.

TCW Flexible Income ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd were given a $0.20 dividend. The ex-dividend date was Monday, February 2nd. This represents a c) annualized dividend and a yield of 6.0%.

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.