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

Moody National Bank Trust Division increased its position in TCW Senior Loan ETF (NYSEARCA:SLNZ) by 11.9% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 158,982 shares of the company’s stock after buying an additional 16,851 shares during the period. TCW Senior Loan ETF comprises approximately 0.7% of Moody National Bank Trust Division’s holdings, making the stock its 21st largest position. Moody National Bank Trust Division owned 2.99% of TCW Senior Loan ETF worth $7,362,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of SLNZ. PFG Investments LLC raised its holdings in 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 acquiring an additional 658 shares during the period. Frontier Asset Management LLC grew 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 worth $460,000 after purchasing an additional 1,577 shares in the last quarter. Envestnet Asset Management Inc. grew its position in shares of TCW Senior Loan ETF by 5.6% during the third quarter. Envestnet Asset Management Inc. now owns 36,360 shares of the company’s stock worth $1,710,000 after purchasing an additional 1,914 shares in the last quarter. Rovin Capital UT ADV raised its stake in TCW Senior Loan ETF by 3.2% during the 3rd quarter. Rovin Capital UT ADV now owns 49,598 shares of the company’s stock valued at $2,333,000 after purchasing an additional 1,515 shares during the period. Finally, Goldman Sachs Group Inc. purchased a new position in TCW Senior Loan ETF in the 1st quarter worth approximately $2,497,000.

TCW Senior Loan ETF Trading Up 0.3%

TCW Senior Loan ETF stock opened at $45.37 on Wednesday. TCW Senior Loan ETF has a 1 year low of $44.58 and a 1 year high of $47.61. The firm’s 50 day moving average price is $45.67 and its 200-day moving average price is $46.30.

TCW Senior Loan ETF Announces Dividend

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

About TCW Senior Loan ETF

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.