Moody National Bank Trust Division Buys 16,851 Shares of TCW Senior Loan ETF $SLNZ

Moody National Bank Trust Division raised its position in shares of TCW Senior Loan ETF (NYSEARCA:SLNZ) by 11.9% during the fourth quarter, HoldingsChannel reports. The fund owned 158,982 shares of the company’s stock after acquiring an additional 16,851 shares during the quarter. TCW Senior Loan ETF accounts for approximately 0.7% of Moody National Bank Trust Division’s investment portfolio, making the stock its 21st largest holding. Moody National Bank Trust Division’s holdings in TCW Senior Loan ETF were worth $7,362,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Goldman Sachs Group Inc. purchased a new position in shares of TCW Senior Loan ETF during the 1st quarter worth about $2,497,000. Jane Street Group LLC bought a new stake in TCW Senior Loan ETF in the second quarter worth about $3,599,000. Rovin Capital UT ADV boosted its position in shares of TCW Senior Loan ETF by 3.2% during the third quarter. Rovin Capital UT ADV now owns 49,598 shares of the company’s stock valued at $2,333,000 after buying an additional 1,515 shares during the period. Frontier Asset Management LLC boosted its position in shares of TCW Senior Loan ETF by 19.2% during the third quarter. Frontier Asset Management LLC now owns 9,773 shares of the company’s stock valued at $460,000 after buying an additional 1,577 shares during the period. Finally, PFG Investments LLC grew its stake in shares of TCW Senior Loan ETF by 12.7% during the third quarter. PFG Investments LLC now owns 5,840 shares of the company’s stock valued at $275,000 after buying an additional 658 shares during the last quarter.

TCW Senior Loan ETF Trading Up 0.3%

Shares of NYSEARCA SLNZ opened at $45.37 on Wednesday. TCW Senior Loan ETF has a fifty-two week low of $44.58 and a fifty-two week high of $47.61. The business’s 50 day moving average price is $45.67 and its 200-day moving average price is $46.30.

TCW Senior Loan ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were paid a $0.29 dividend. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 7.7%.

TCW Senior Loan ETF Company Profile

The TCW Senior Loan ETF (SLNZ) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund with a focus on global senior loans of any credit quality and maturity bracket. The investment objective is to provide diversification in the fixed income space. SLNZ was launched on Jun 28, 2013 and is issued by TCW.