124,526 Shares in TCW Flexible Income ETF $FLXR Purchased by Peak Financial Management Inc.

Peak Financial Management Inc. purchased a new position in shares of TCW Flexible Income ETF (NYSEARCA:FLXR) during the second quarter, HoldingsChannel reports. The fund purchased 124,526 shares of the company’s stock, valued at approximately $4,913,000. TCW Flexible Income ETF comprises 1.4% of Peak Financial Management Inc.’s investment portfolio, making the stock its 22nd biggest position.

A number of other hedge funds have also bought and sold shares of the business. Morton Capital Management LLC CA increased its position in TCW Flexible Income ETF by 5.4% during the second quarter. Morton Capital Management LLC CA now owns 1,373,849 shares of the company’s stock worth $54,198,000 after acquiring an additional 70,280 shares during the period. Bellevue Asset Management LLC bought a new position in TCW Flexible Income ETF during the second quarter worth about $4,046,000. First Pacific Financial bought a new position in TCW Flexible Income ETF during the second quarter worth about $74,227,000. Park Avenue Securities LLC bought a new position in TCW Flexible Income ETF during the second quarter worth about $353,000. Finally, Silver Oak Securities Incorporated bought a new position in TCW Flexible Income ETF during the second quarter worth about $1,813,000.

TCW Flexible Income ETF Stock Up 0.1%

NYSEARCA:FLXR opened at $39.73 on Thursday. TCW Flexible Income ETF has a 52 week low of $38.40 and a 52 week high of $39.95. The firm’s 50-day simple moving average is $39.69 and its 200 day simple moving average is $39.31.

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.