Royal Bank of Canada Boosts Stock Position in TCW Flexible Income ETF $FLXR

Royal Bank of Canada lifted its stake in TCW Flexible Income ETF (NYSEARCA:FLXR) by 3.5% in the 1st quarter, Holdings Channel.com reports. The firm owned 678,313 shares of the company’s stock after purchasing an additional 23,180 shares during the period. Royal Bank of Canada’s holdings in TCW Flexible Income ETF were worth $26,637,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Captrust Financial Advisors boosted its stake in TCW Flexible Income ETF by 7.9% during the fourth quarter. Captrust Financial Advisors now owns 5,169,200 shares of the company’s stock worth $204,700,000 after buying an additional 376,264 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 worth $151,328,000 after acquiring an additional 1,207,550 shares during the last quarter. UBS Group AG raised its holdings in shares of TCW Flexible Income ETF by 25.8% during the 4th quarter. UBS Group AG now owns 2,897,393 shares of the company’s stock worth $114,737,000 after acquiring an additional 593,856 shares during the period. LPL Financial LLC raised its holdings in shares of TCW Flexible Income ETF by 13.8% during the 4th quarter. LPL Financial LLC now owns 2,498,998 shares of the company’s stock worth $98,960,000 after acquiring an additional 302,239 shares during the period. Finally, First Pacific Financial boosted its position in shares of TCW Flexible Income ETF by 5.1% during the 1st quarter. First Pacific Financial now owns 2,285,970 shares of the company’s stock valued at $89,770,000 after acquiring an additional 110,107 shares during the last quarter.

TCW Flexible Income ETF Price Performance

Shares of FLXR opened at $38.89 on Wednesday. TCW Flexible Income ETF has a 12-month low of $38.67 and a 12-month high of $39.97. The firm has a 50-day moving average price of $39.05 and a 200 day moving average price of $39.28.

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.