First Pacific Financial Has $86.16 Million Stake in TCW Flexible Income ETF $FLXR

First Pacific Financial lifted its stake in TCW Flexible Income ETF (NYSEARCA:FLXR) by 12.3% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 2,175,863 shares of the company’s stock after purchasing an additional 237,585 shares during the quarter. TCW Flexible Income ETF comprises 11.3% of First Pacific Financial’s portfolio, making the stock its 2nd biggest holding. First Pacific Financial owned about 3.43% of TCW Flexible Income ETF worth $86,164,000 as of its most recent filing with the SEC.

Other large investors have also recently modified their holdings of the company. Exchange Traded Concepts LLC raised its holdings in TCW Flexible Income ETF by 3.9% during the 4th quarter. Exchange Traded Concepts LLC now owns 492,595 shares of the company’s stock valued at $19,507,000 after buying an additional 18,566 shares during the period. Peak Financial Advisors LLC boosted its stake in TCW Flexible Income ETF by 2.7% during the fourth quarter. Peak Financial Advisors LLC now owns 642,274 shares of the company’s stock worth $25,434,000 after buying an additional 16,954 shares during the period. Spinnaker Investment Group LLC bought a new position in TCW Flexible Income ETF during the fourth quarter valued at $355,000. Maridea Wealth Management LLC increased its position in TCW Flexible Income ETF by 26.7% during the fourth quarter. Maridea Wealth Management LLC now owns 97,367 shares of the company’s stock valued at $3,856,000 after acquiring an additional 20,528 shares during the last quarter. Finally, WJ Wealth Management LLC raised its stake in shares of TCW Flexible Income ETF by 95.2% in the third quarter. WJ Wealth Management LLC now owns 442,259 shares of the company’s stock valued at $17,624,000 after acquiring an additional 215,664 shares during the period.

TCW Flexible Income ETF Stock Performance

TCW Flexible Income ETF stock opened at $39.14 on Friday. The firm has a 50-day moving average price of $39.50 and a 200-day moving average price of $39.63. TCW Flexible Income ETF has a 12-month low of $38.40 and a 12-month 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 paid a $0.20 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a yield of 6.1%.

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.