Janney Montgomery Scott LLC Has $54.10 Million Stake in TCW Flexible Income ETF $FLXR

Janney Montgomery Scott LLC boosted its position in shares of TCW Flexible Income ETF (NYSEARCA:FLXR) by 12.8% during the 1st quarter, Holdings Channel reports. The institutional investor owned 1,377,532 shares of the company’s stock after purchasing an additional 156,345 shares during the quarter. Janney Montgomery Scott LLC’s holdings in TCW Flexible Income ETF were worth $54,096,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the business. Onyx Bridge Wealth Group LLC boosted its stake in TCW Flexible Income ETF by 17.7% in the first quarter. Onyx Bridge Wealth Group LLC now owns 388,997 shares of the company’s stock valued at $15,276,000 after acquiring an additional 58,574 shares during the last quarter. Maridea Wealth Management LLC lifted its holdings in TCW Flexible Income ETF by 17.1% during the first quarter. Maridea Wealth Management LLC now owns 114,040 shares of the company’s stock worth $4,478,000 after acquiring an additional 16,673 shares in the last quarter. Kestra Private Wealth Services LLC grew its position in shares of TCW Flexible Income ETF by 121.2% in the 1st quarter. Kestra Private Wealth Services LLC now owns 34,948 shares of the company’s stock valued at $1,372,000 after purchasing an additional 19,147 shares during the period. Kavar Capital Partners Group LLC acquired a new position in shares of TCW Flexible Income ETF in the first quarter valued at approximately $791,000. Finally, World Investment Advisors acquired a new position in TCW Flexible Income ETF in the 4th quarter worth $273,000.

TCW Flexible Income ETF Price Performance

Shares of FLXR opened at $39.24 on Monday. TCW Flexible Income ETF has a twelve month low of $38.93 and a twelve month high of $39.97. The company has a 50 day moving average of $39.19 and a 200-day moving average of $39.40.

TCW Flexible Income ETF 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.