Readystate Asset Management LP Takes $1.11 Million Position in SPDR Blackstone Senior Loan ETF $SRLN

Readystate Asset Management LP acquired a new stake in SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 26,639 shares of the company’s stock, valued at approximately $1,108,000.

Several other hedge funds and other institutional investors have also modified their holdings of SRLN. MeadowBrook Investment Advisors LLC bought a new stake in shares of SPDR Blackstone Senior Loan ETF during the second quarter worth approximately $33,000. GPS Wealth Strategies Group LLC raised its position in SPDR Blackstone Senior Loan ETF by 1,749.1% in the third quarter. GPS Wealth Strategies Group LLC now owns 1,017 shares of the company’s stock valued at $42,000 after purchasing an additional 962 shares during the last quarter. Twin Peaks Wealth Advisors LLC acquired a new stake in SPDR Blackstone Senior Loan ETF during the 2nd quarter worth approximately $69,000. Hollencrest Capital Management raised its stake in shares of SPDR Blackstone Senior Loan ETF by 12.7% during the second quarter. Hollencrest Capital Management now owns 2,540 shares of the company’s stock valued at $106,000 after acquiring an additional 286 shares during the last quarter. Finally, Smartleaf Asset Management LLC raised its position in shares of SPDR Blackstone Senior Loan ETF by 351.0% during the second quarter. Smartleaf Asset Management LLC now owns 4,560 shares of the company’s stock worth $190,000 after acquiring an additional 3,549 shares during the last quarter.

SPDR Blackstone Senior Loan ETF Stock Performance

SPDR Blackstone Senior Loan ETF stock opened at $40.67 on Thursday. SPDR Blackstone Senior Loan ETF has a 52-week low of $39.08 and a 52-week high of $41.80. The firm has a 50 day moving average price of $41.13 and a two-hundred day moving average price of $41.30.

SPDR Blackstone Senior Loan ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were given a dividend of $0.2478 per share. This represents a c) dividend on an annualized basis and a dividend yield of 7.3%. The ex-dividend date of this dividend was Monday, February 2nd.

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.