Madison Asset Management LLC Has $9.89 Million Stake in TCW Flexible Income ETF $FLXR

Madison Asset Management LLC boosted its holdings in shares of TCW Flexible Income ETF (NYSEARCA:FLXR) by 5.8% in the fourth quarter, HoldingsChannel reports. The firm owned 249,639 shares of the company’s stock after acquiring an additional 13,672 shares during the period. Madison Asset Management LLC’s holdings in TCW Flexible Income ETF were worth $9,886,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. World Investment Advisors acquired a new stake in TCW Flexible Income ETF during the 4th quarter valued at $273,000. Frontier Asset Management LLC boosted its position in TCW Flexible Income ETF by 5.7% in the 4th quarter. Frontier Asset Management LLC now owns 53,771 shares of the company’s stock valued at $2,129,000 after buying an additional 2,907 shares during the last quarter. Bensler LLC bought a new position in TCW Flexible Income ETF in the 4th quarter valued at $239,000. Vantage Financial Partners LLC boosted its position in TCW Flexible Income ETF by 12.8% in the 4th quarter. Vantage Financial Partners LLC now owns 55,896 shares of the company’s stock valued at $2,213,000 after buying an additional 6,322 shares during the last quarter. Finally, Morton Capital Management LLC CA boosted its position in TCW Flexible Income ETF by 11.2% in the 4th quarter. Morton Capital Management LLC CA now owns 1,636,647 shares of the company’s stock valued at $64,811,000 after buying an additional 164,824 shares during the last quarter.

TCW Flexible Income ETF Trading Up 0.1%

Shares of FLXR opened at $39.18 on Thursday. The business’s fifty day moving average price is $39.27 and its two-hundred day moving average price is $39.53. TCW Flexible Income ETF has a 52 week low of $38.84 and a 52 week high of $39.97.

TCW Flexible Income ETF Announces Dividend

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

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.