Ocean Park Asset Management LLC Acquires 589,018 Shares of SPDR Blackstone Senior Loan ETF $SRLN

Ocean Park Asset Management LLC boosted its holdings in SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) by 85.9% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,274,900 shares of the company’s stock after acquiring an additional 589,018 shares during the quarter. SPDR Blackstone Senior Loan ETF accounts for about 2.6% of Ocean Park Asset Management LLC’s investment portfolio, making the stock its 8th biggest position. Ocean Park Asset Management LLC owned about 1.09% of SPDR Blackstone Senior Loan ETF worth $51,174,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in SRLN. Abound Financial LLC bought a new position in SPDR Blackstone Senior Loan ETF during the fourth quarter worth about $32,000. Beacon Capital Management Inc. boosted its holdings in SPDR Blackstone Senior Loan ETF by 65.2% during the fourth quarter. Beacon Capital Management Inc. now owns 846 shares of the company’s stock valued at $35,000 after purchasing an additional 334 shares in the last quarter. Quarry LP acquired a new stake in SPDR Blackstone Senior Loan ETF during the fourth quarter valued at approximately $36,000. Sound Income Strategies LLC bought a new stake in shares of SPDR Blackstone Senior Loan ETF in the 4th quarter valued at approximately $45,000. Finally, Cornerstone Planning Group LLC grew its stake in shares of SPDR Blackstone Senior Loan ETF by 309.2% in the 4th quarter. Cornerstone Planning Group LLC now owns 1,113 shares of the company’s stock valued at $46,000 after purchasing an additional 841 shares during the period.

SPDR Blackstone Senior Loan ETF Price Performance

Shares of SRLN opened at $40.38 on Monday. SPDR Blackstone Senior Loan ETF has a 1 year low of $39.39 and a 1 year high of $41.67. The stock has a 50 day simple moving average of $40.44 and a 200-day simple moving average of $40.63.

SPDR Blackstone Senior Loan ETF Company 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.