M&T Bank Corp Increases Stock Holdings in TCW Flexible Income ETF $FLXR

M&T Bank Corp increased its stake in shares of TCW Flexible Income ETF (NYSEARCA:FLXR) by 4.3% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 1,311,292 shares of the company’s stock after acquiring an additional 53,555 shares during the quarter. M&T Bank Corp’s holdings in TCW Flexible Income ETF were worth $52,190,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of FLXR. PNC Financial Services Group Inc. lifted its stake in TCW Flexible Income ETF by 67.8% during the 2nd quarter. PNC Financial Services Group Inc. now owns 2,294 shares of the company’s stock valued at $91,000 after acquiring an additional 927 shares in the last quarter. AE Wealth Management LLC boosted its holdings in TCW Flexible Income ETF by 13.1% during the 2nd quarter. AE Wealth Management LLC now owns 3,236 shares of the company’s stock worth $128,000 after acquiring an additional 376 shares during the last quarter. Ameritas Advisory Services LLC bought a new stake in shares of TCW Flexible Income ETF in the 3rd quarter worth $185,000. Darden Wealth Group Inc bought a new stake in shares of TCW Flexible Income ETF in the 3rd quarter worth $205,000. Finally, Wellspring Financial Advisors LLC purchased a new stake in shares of TCW Flexible Income ETF in the second quarter valued at about $209,000.

TCW Flexible Income ETF Price Performance

FLXR opened at $39.19 on Friday. The company’s 50-day moving average is $39.63 and its 200 day moving average is $39.69. TCW Flexible Income ETF has a fifty-two week low of $38.40 and a fifty-two week high of $39.97.

TCW Flexible Income ETF Dividend Announcement

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

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.