TCW Group Inc. Takes $194.13 Million Position in TCW Senior Loan ETF (NYSEARCA:SLNZ)

TCW Group Inc. bought a new stake in TCW Senior Loan ETF (NYSEARCA:SLNZ) during the fourth quarter, Holdings Channel reports. The institutional investor bought 4,100,185 shares of the company’s stock, valued at approximately $194,125,000. TCW Senior Loan ETF accounts for approximately 1.6% of TCW Group Inc.’s investment portfolio, making the stock its 10th largest holding.

Separately, Principal Securities Inc. bought a new position in shares of TCW Senior Loan ETF in the fourth quarter valued at approximately $376,000.

TCW Senior Loan ETF Stock Performance

SLNZ stock opened at $47.51 on Friday. TCW Senior Loan ETF has a twelve month low of $46.57 and a twelve month high of $48.09. The firm has a 50 day moving average of $47.45.

TCW Senior Loan ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, December 20th. Investors of record on Wednesday, December 18th were issued a dividend of $0.308 per share. The ex-dividend date was Wednesday, December 18th.