TCW Senior Loan ETF $SLNZ Shares Sold by Royal Bank of Canada

Royal Bank of Canada trimmed its position in TCW Senior Loan ETF (NYSEARCA:SLNZ) by 82.4% in the first quarter, Holdings Channel.com reports. The fund owned 5,130 shares of the company’s stock after selling 24,064 shares during the period. Royal Bank of Canada’s holdings in TCW Senior Loan ETF were worth $232,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Jane Street Group LLC lifted its stake in TCW Senior Loan ETF by 395.9% during the fourth quarter. Jane Street Group LLC now owns 38,839 shares of the company’s stock worth $1,799,000 after purchasing an additional 31,007 shares during the last quarter. Goldman Sachs Group Inc. bought a new stake in TCW Senior Loan ETF during the first quarter valued at $2,497,000. Finally, TCW Group Inc. increased its stake in TCW Senior Loan ETF by 1.0% during the fourth quarter. TCW Group Inc. now owns 4,204,696 shares of the company’s stock valued at $194,719,000 after purchasing an additional 42,660 shares during the last quarter.

TCW Senior Loan ETF Price Performance

Shares of NYSEARCA:SLNZ opened at $45.82 on Friday. The company’s fifty day moving average is $45.69 and its two-hundred day moving average is $45.55. TCW Senior Loan ETF has a 1-year low of $44.58 and a 1-year high of $47.27.

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.