SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) Sees Strong Trading Volume

SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) saw an uptick in trading volume on Monday . 2,102,280 shares traded hands during mid-day trading, a decline of 37% from the previous session’s volume of 3,325,728 shares.The stock last traded at $41.55 and had previously closed at $41.51.

SPDR Blackstone Senior Loan ETF Stock Performance

The stock’s 50 day moving average is $41.60 and its two-hundred day moving average is $41.79.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the stock. Courier Capital LLC boosted its holdings in SPDR Blackstone Senior Loan ETF by 0.8% in the 2nd quarter. Courier Capital LLC now owns 32,779 shares of the company’s stock valued at $1,370,000 after purchasing an additional 273 shares in the last quarter. Planned Solutions Inc. boosted its stake in shares of SPDR Blackstone Senior Loan ETF by 4.7% in the second quarter. Planned Solutions Inc. now owns 6,260 shares of the company’s stock valued at $262,000 after buying an additional 281 shares in the last quarter. Madison Wealth Partners Inc grew its holdings in SPDR Blackstone Senior Loan ETF by 1.7% during the second quarter. Madison Wealth Partners Inc now owns 17,177 shares of the company’s stock worth $718,000 after acquiring an additional 284 shares during the period. Benjamin Edwards Inc. raised its position in SPDR Blackstone Senior Loan ETF by 1.4% in the second quarter. Benjamin Edwards Inc. now owns 25,428 shares of the company’s stock worth $1,063,000 after acquiring an additional 349 shares in the last quarter. Finally, Grimes & Company Inc. boosted its position in shares of SPDR Blackstone Senior Loan ETF by 1.2% during the 1st quarter. Grimes & Company Inc. now owns 32,153 shares of the company’s stock worth $1,354,000 after purchasing an additional 376 shares in the last quarter.

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.