Secure Asset Management LLC Acquires 23,731 Shares of SPDR Blackstone Senior Loan ETF $SRLN

Secure Asset Management LLC boosted its holdings in shares of SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) by 6.7% during the second quarter, HoldingsChannel reports. The fund owned 379,830 shares of the company’s stock after purchasing an additional 23,731 shares during the quarter. SPDR Blackstone Senior Loan ETF comprises 2.2% of Secure Asset Management LLC’s holdings, making the stock its 6th largest position. Secure Asset Management LLC’s holdings in SPDR Blackstone Senior Loan ETF were worth $15,303,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Signature Equity Partners LLC raised its stake in shares of SPDR Blackstone Senior Loan ETF by 1,453.2% during the first quarter. Signature Equity Partners LLC now owns 730 shares of the company’s stock valued at $29,000 after acquiring an additional 683 shares during the last quarter. Abound Financial LLC acquired a new position in shares of SPDR Blackstone Senior Loan ETF during the fourth quarter worth $32,000. Beacon Capital Management Inc. grew its stake in shares of SPDR Blackstone Senior Loan ETF by 65.2% in the fourth quarter. Beacon Capital Management Inc. now owns 846 shares of the company’s stock worth $35,000 after purchasing an additional 334 shares during the last quarter. Quarry LP acquired a new stake in SPDR Blackstone Senior Loan ETF in the fourth quarter valued at $36,000. Finally, Beacon Financial Strategies CORP acquired a new stake in SPDR Blackstone Senior Loan ETF in the second quarter valued at $37,000.

SPDR Blackstone Senior Loan ETF Stock Down 0.8%

Shares of NYSEARCA:SRLN opened at $40.47 on Wednesday. SPDR Blackstone Senior Loan ETF has a 12-month low of $39.39 and a 12-month high of $41.63. The business has a fifty day simple moving average of $40.40 and a 200 day simple moving average of $40.34.

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.