Merit Financial Group LLC Reduces Stake in SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN)

Merit Financial Group LLC trimmed its holdings in SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) by 92.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 30,013 shares of the company’s stock after selling 345,386 shares during the period. Merit Financial Group LLC’s holdings in SPDR Blackstone Senior Loan ETF were worth $1,258,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of SRLN. Headlands Technologies LLC bought a new stake in shares of SPDR Blackstone Senior Loan ETF during the 3rd quarter worth $35,000. VisionPoint Advisory Group LLC raised its position in SPDR Blackstone Senior Loan ETF by 157.0% during the 3rd quarter. VisionPoint Advisory Group LLC now owns 1,095 shares of the company’s stock valued at $46,000 after purchasing an additional 669 shares during the last quarter. Aptus Capital Advisors LLC bought a new position in SPDR Blackstone Senior Loan ETF in the 3rd quarter worth $79,000. Allworth Financial LP grew its stake in SPDR Blackstone Senior Loan ETF by 16.7% in the third quarter. Allworth Financial LP now owns 2,883 shares of the company’s stock worth $121,000 after purchasing an additional 412 shares during the period. Finally, FSC Wealth Advisors LLC boosted its stake in SPDR Blackstone Senior Loan ETF by 58.3% during the fourth quarter. FSC Wealth Advisors LLC now owns 4,015 shares of the company’s stock worth $168,000 after acquiring an additional 1,479 shares in the last quarter.

SPDR Blackstone Senior Loan ETF Price Performance

Shares of SRLN opened at $41.87 on Monday. SPDR Blackstone Senior Loan ETF has a twelve month low of $40.76 and a twelve month high of $42.15. The firm has a 50 day moving average of $41.90 and a 200 day moving average of $41.82.

About SPDR Blackstone Senior Loan ETF

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.