HighTower Advisors LLC Takes Position in TCW Flexible Income ETF $FLXR

HighTower Advisors LLC bought a new stake in TCW Flexible Income ETF (NYSEARCA:FLXR) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 41,611 shares of the company’s stock, valued at approximately $1,648,000. HighTower Advisors LLC owned approximately 0.06% of TCW Flexible Income ETF as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Pinnacle Bancorp Inc. lifted its holdings in shares of TCW Flexible Income ETF by 286.1% in the fourth quarter. Pinnacle Bancorp Inc. now owns 668 shares of the company’s stock valued at $26,000 after purchasing an additional 495 shares in the last quarter. Ameritas Advisory Services LLC bought a new position in shares of TCW Flexible Income ETF in the third quarter valued at approximately $185,000. Darden Wealth Group Inc bought a new position in shares of TCW Flexible Income ETF in the third quarter valued at approximately $205,000. Truist Financial Corp bought a new position in shares of TCW Flexible Income ETF in the third quarter valued at approximately $220,000. Finally, Bensler LLC bought a new position in shares of TCW Flexible Income ETF in the fourth quarter valued at approximately $239,000.

TCW Flexible Income ETF Stock Performance

FLXR stock opened at $39.10 on Wednesday. The stock’s 50 day moving average is $39.22 and its 200-day moving average is $39.48. TCW Flexible Income ETF has a twelve month low of $38.93 and a twelve month high of $39.97.

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.