TCW Senior Loan ETF (NYSE:SLNZ – Get Free Report) saw a significant drop in short interest in the month of August. As of August 31st, there was short interest totaling 276 shares, a drop of 92.5% from the August 15th total of 3,697 shares. Based on an average daily volume of 4,914 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are short sold.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the stock. Goldman Sachs Group Inc. acquired a new stake in shares of TCW Senior Loan ETF in the first quarter valued at $2,497,000. Jane Street Group LLC acquired a new stake in TCW Senior Loan ETF in the 2nd quarter valued at about $3,599,000. Royal Bank of Canada lifted its holdings in TCW Senior Loan ETF by 175.2% in the 4th quarter. Royal Bank of Canada now owns 29,194 shares of the company’s stock valued at $1,352,000 after acquiring an additional 18,586 shares during the last quarter. Finally, TCW Group Inc. boosted its position in shares of TCW Senior Loan ETF by 1.0% during the 4th 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 in the last quarter.
TCW Senior Loan ETF Stock Performance
SLNZ stock traded up $0.11 on Friday, reaching $45.65. The company’s stock had a trading volume of 704 shares, compared to its average volume of 8,082. TCW Senior Loan ETF has a 52 week low of $44.58 and a 52 week high of $47.27. The firm has a fifty day moving average of $45.69 and a two-hundred day moving average of $45.54.
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.
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