Diversified Portfolios Inc. Has $1.23 Million Stock Holdings in TCW Flexible Income ETF $FLXR

Diversified Portfolios Inc. boosted its holdings in shares of TCW Flexible Income ETF (NYSEARCA:FLXR) by 341.8% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 31,148 shares of the company’s stock after acquiring an additional 24,098 shares during the period. Diversified Portfolios Inc.’s holdings in TCW Flexible Income ETF were worth $1,233,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. BlueStem Wealth Partners LLC raised its holdings in TCW Flexible Income ETF by 17.1% during the third quarter. BlueStem Wealth Partners LLC now owns 394,823 shares of the company’s stock worth $15,714,000 after buying an additional 57,682 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in TCW Flexible Income ETF by 18.1% during the third quarter. Envestnet Asset Management Inc. now owns 1,234,435 shares of the company’s stock worth $49,131,000 after buying an additional 189,577 shares during the last quarter. Weaver Capital Management LLC raised its holdings in TCW Flexible Income ETF by 9.8% during the fourth quarter. Weaver Capital Management LLC now owns 510,726 shares of the company’s stock worth $20,225,000 after buying an additional 45,635 shares during the last quarter. Mesirow Financial Investment Management Inc. raised its holdings in TCW Flexible Income ETF by 101.7% during the third quarter. Mesirow Financial Investment Management Inc. now owns 84,165 shares of the company’s stock worth $3,350,000 after buying an additional 42,441 shares during the last quarter. Finally, CWM LLC raised its holdings in TCW Flexible Income ETF by 31.8% during the fourth quarter. CWM LLC now owns 266,395 shares of the company’s stock worth $10,549,000 after buying an additional 64,337 shares during the last quarter.

TCW Flexible Income ETF Stock Performance

FLXR opened at $39.15 on Tuesday. The company’s fifty day moving average price is $39.22 and its two-hundred day moving average price is $39.49. TCW Flexible Income ETF has a 1-year low of $38.93 and a 1-year high of $39.97.

TCW Flexible Income ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were issued a dividend of $0.20 per share. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a yield of 6.1%.

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.