Liberty Mutual Group Asset Management Inc. Buys Shares of 601,107 SPDR Blackstone Senior Loan ETF $SRLN

Liberty Mutual Group Asset Management Inc. bought a new position in SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 601,107 shares of the company’s stock, valued at approximately $24,994,000. SPDR Blackstone Senior Loan ETF comprises about 7.9% of Liberty Mutual Group Asset Management Inc.’s investment portfolio, making the stock its 4th largest position. Liberty Mutual Group Asset Management Inc. owned approximately 0.38% of SPDR Blackstone Senior Loan ETF as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the business. GPS Wealth Strategies Group LLC boosted its position in shares of SPDR Blackstone Senior Loan ETF by 1,749.1% during the third quarter. GPS Wealth Strategies Group LLC now owns 1,017 shares of the company’s stock worth $42,000 after buying an additional 962 shares during the period. Twin Peaks Wealth Advisors LLC acquired a new stake in SPDR Blackstone Senior Loan ETF in the 2nd quarter valued at approximately $69,000. Hollencrest Capital Management increased its position in SPDR Blackstone Senior Loan ETF by 12.7% in the 2nd 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 period. Centennial Bank AR bought a new stake in SPDR Blackstone Senior Loan ETF during the 3rd quarter valued at $143,000. Finally, Wealth Watch Advisors INC bought a new stake in SPDR Blackstone Senior Loan ETF during the 3rd quarter valued at $145,000.

SPDR Blackstone Senior Loan ETF Trading Down 0.1%

Shares of SRLN stock opened at $39.94 on Friday. SPDR Blackstone Senior Loan ETF has a 1 year low of $39.08 and a 1 year high of $41.67. The stock has a fifty day moving average of $40.73 and a two-hundred day moving average of $41.14.

SPDR Blackstone Senior Loan ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were paid a dividend of $0.2277 per share. This represents a c) dividend on an annualized basis and a dividend yield of 6.8%. The ex-dividend date was Monday, March 2nd.

SPDR Blackstone Senior Loan ETF 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.