Park Avenue Securities LLC Makes New $353,000 Investment in TCW Flexible Income ETF $FLXR

Park Avenue Securities LLC bought a new position in shares of TCW Flexible Income ETF (NYSEARCA:FLXR) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 8,950 shares of the company’s stock, valued at approximately $353,000.

A number of other large investors have also recently added to or reduced their stakes in the stock. Morton Capital Management LLC CA boosted its position in TCW Flexible Income ETF by 5.1% during the first quarter. Morton Capital Management LLC CA now owns 1,303,569 shares of the company’s stock worth $51,061,000 after purchasing an additional 63,837 shares during the period. M&T Bank Corp boosted its position in shares of TCW Flexible Income ETF by 17.1% in the first quarter. M&T Bank Corp now owns 1,298,264 shares of the company’s stock valued at $50,853,000 after acquiring an additional 190,024 shares during the period. Cary Street Partners Financial LLC boosted its position in shares of TCW Flexible Income ETF by 33.5% in the first quarter. Cary Street Partners Financial LLC now owns 1,147,345 shares of the company’s stock valued at $44,941,000 after acquiring an additional 287,825 shares during the period. LPL Financial LLC boosted its position in shares of TCW Flexible Income ETF by 78.8% in the first quarter. LPL Financial LLC now owns 1,053,856 shares of the company’s stock valued at $41,280,000 after acquiring an additional 464,497 shares during the period. Finally, Envestnet Asset Management Inc. boosted its position in shares of TCW Flexible Income ETF by 103.4% in the first quarter. Envestnet Asset Management Inc. now owns 903,751 shares of the company’s stock valued at $35,400,000 after acquiring an additional 459,526 shares during the period.

TCW Flexible Income ETF Price Performance

FLXR opened at $39.80 on Wednesday. TCW Flexible Income ETF has a 1-year low of $38.40 and a 1-year high of $39.95. The business has a 50 day moving average of $39.66 and a 200-day moving average of $39.28.

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.