First Pacific Financial reported acquiring 237,585 shares of the TCW Flexible Income ETF on January 16, 2026. The transaction was detailed in a filing with the Securities and Exchange Commission.
Following this purchase, the firm now holds approximately 2.2 million shares of the ETF. These shares are valued at $86.2 million.
The stake represents 11.3 percent of First Pacific Financial's assets under management. This makes the TCW Flexible Income ETF the firm's second-largest holding among the 487 securities listed in its latest 13F filing.
The total value of the firm's holdings summed to $765.8 million. The firm's portfolio shows a heavy weighting in exchange-traded funds.
As of January 15, shares of the TCW Flexible Income ETF were priced at $39.68. The fund had returned 8.5 percent over the past year and carries a dividend yield of 5.6 percent.
Top holdings for First Pacific Financial after the filing include JCPB, valued at $91.16 million, and DFAW, valued at $60.35 million. Other significant holdings are VUG and MDYV.
The TCW Flexible Income ETF is actively managed and aims to outperform the Bloomberg U.S. Aggregate Bond Index. As of September 30, the fund had reported returns greater than its benchmark across various periods.
By November 30, the ETF held heavier weightings in asset-backed securities and commercial mortgage-backed securities compared to the index. It also allocated 14.5 percent of its portfolio to high-yield securities.