Keudell/Morrison Trims $3.4 Million in FLXR Shares, Reflecting Portfolio Rebalancing
Keudell/Morrison Wealth Management sold $3.4 million worth of shares in the TCW Flexible Income ETF (FLXR) in Q1 2026, reducing its stake to 8.8% of the fund’s assets under management. The move is seen as a rebalancing rather than a signal of disfavor, as FLXR remains the fund’s second-largest holding. The ETF has underperformed the S&P 500 over the past year.
Topics: ETF FLXR Investment Management Keudell/Morrison Wealth Management Portfolio Rebalancing