SHP Wealth Management Takes Position in SPDR Blackstone Senior Loan ETF $SRLN

SHP Wealth Management purchased a new stake in shares of SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) during the 4th quarter, Holdings Channel reports. The fund purchased 22,418 shares of the company’s stock, valued at approximately $925,000.

Other hedge funds have also recently bought and sold shares of the company. Bank of America Corp DE boosted its position in SPDR Blackstone Senior Loan ETF by 14.5% during the 2nd quarter. Bank of America Corp DE now owns 13,282,946 shares of the company’s stock worth $552,438,000 after acquiring an additional 1,686,876 shares during the period. Jane Street Group LLC purchased a new position in SPDR Blackstone Senior Loan ETF during the 4th quarter valued at about $55,702,000. UBS Group AG grew its stake in SPDR Blackstone Senior Loan ETF by 85.3% during the 3rd quarter. UBS Group AG now owns 2,806,257 shares of the company’s stock valued at $116,684,000 after acquiring an additional 1,291,980 shares in the last quarter. Diversify Advisory Services LLC increased its holdings in shares of SPDR Blackstone Senior Loan ETF by 5,086.5% in the 4th quarter. Diversify Advisory Services LLC now owns 747,744 shares of the company’s stock valued at $30,972,000 after purchasing an additional 733,327 shares during the period. Finally, Morgan Stanley increased its holdings in shares of SPDR Blackstone Senior Loan ETF by 6.8% in the 4th quarter. Morgan Stanley now owns 11,164,717 shares of the company’s stock valued at $460,768,000 after purchasing an additional 706,376 shares during the period.

SPDR Blackstone Senior Loan ETF Price Performance

NYSEARCA SRLN opened at $40.38 on Friday. The company has a 50 day simple moving average of $40.44 and a 200-day simple moving average of $40.64. SPDR Blackstone Senior Loan ETF has a 52-week low of $39.39 and a 52-week high of $41.67.

SPDR Blackstone Senior Loan ETF Profile

The SPDR Blackstone Senior Loan ETF (SRLN) is an exchange-traded fund that mostly invests in high yield fixed income. The fund provides actively managed exposure to noninvestment-grade, floating-rate senior secured debt of US and non-US corporations that resets in 3 months or less. SRLN was launched on Apr 3, 2013 and is managed by State Street.