Synovus Financial Corp Purchases New Shares in TCW Flexible Income ETF $FLXR

Synovus Financial Corp acquired a new position in shares of TCW Flexible Income ETF (NYSEARCA:FLXR) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 14,275 shares of the company’s stock, valued at approximately $568,000.

Other institutional investors also recently bought and sold shares of the company. Bank of America Corp DE boosted its stake in shares of TCW Flexible Income ETF by 142.2% during the second quarter. Bank of America Corp DE now owns 2,594,650 shares of the company’s stock worth $102,359,000 after buying an additional 1,523,535 shares during the period. Morling Financial Advisors LLC purchased a new stake in TCW Flexible Income ETF during the 2nd quarter valued at approximately $26,392,000. Tidemark LLC acquired a new stake in TCW Flexible Income ETF during the 3rd quarter worth approximately $14,984,000. Raymond James Financial Inc. grew its stake in shares of TCW Flexible Income ETF by 5,541.5% in the 2nd quarter. Raymond James Financial Inc. now owns 322,130 shares of the company’s stock valued at $12,708,000 after purchasing an additional 316,420 shares during the last quarter. Finally, Francis Financial Inc. grew its stake in shares of TCW Flexible Income ETF by 64.9% in the 2nd quarter. Francis Financial Inc. now owns 757,595 shares of the company’s stock valued at $29,887,000 after purchasing an additional 298,090 shares during the last quarter.

TCW Flexible Income ETF Stock Performance

TCW Flexible Income ETF stock opened at $39.75 on Monday. The business has a 50 day simple moving average of $39.64 and a 200-day simple moving average of $39.69. 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, February 4th. Shareholders of record on Monday, February 2nd were given a dividend of $0.20 per share. The ex-dividend date was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 6.0%.

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.