Commonwealth Equity Services LLC Invests $500,000 in TCW Senior Loan ETF (NYSEARCA:SLNZ)

Commonwealth Equity Services LLC acquired a new stake in shares of TCW Senior Loan ETF (NYSEARCA:SLNZ) in the 4th quarter, HoldingsChannel reports. The institutional investor acquired 10,563 shares of the company’s stock, valued at approximately $500,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of SLNZ. Principal Securities Inc. bought a new position in TCW Senior Loan ETF in the 4th quarter valued at $376,000. Frontier Asset Management LLC purchased a new stake in shares of TCW Senior Loan ETF in the fourth quarter worth $479,000. Finally, TCW Group Inc. bought a new stake in TCW Senior Loan ETF during the fourth quarter valued at $194,125,000.

TCW Senior Loan ETF Stock Performance

Shares of NYSEARCA SLNZ opened at $46.31 on Friday. The business has a 50-day simple moving average of $47.36. TCW Senior Loan ETF has a twelve month low of $46.12 and a twelve month high of $48.09.

TCW Senior Loan ETF 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.