Elevation Point Wealth Partners LLC Has $1.85 Million Position in SPDR Blackstone Senior Loan ETF $SRLN

Elevation Point Wealth Partners LLC grew its holdings in SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) by 322.4% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 44,508 shares of the company’s stock after purchasing an additional 33,971 shares during the period. Elevation Point Wealth Partners LLC’s holdings in SPDR Blackstone Senior Loan ETF were worth $1,851,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Bank of New York Mellon Corp lifted its stake in SPDR Blackstone Senior Loan ETF by 45.7% in the 2nd quarter. Bank of New York Mellon Corp now owns 598,527 shares of the company’s stock worth $24,893,000 after acquiring an additional 187,833 shares in the last quarter. Foundations Investment Advisors LLC grew its stake in SPDR Blackstone Senior Loan ETF by 10.7% during the 2nd quarter. Foundations Investment Advisors LLC now owns 56,880 shares of the company’s stock valued at $2,366,000 after acquiring an additional 5,489 shares in the last quarter. Rockefeller Capital Management L.P. increased its holdings in shares of SPDR Blackstone Senior Loan ETF by 3.8% in the 2nd quarter. Rockefeller Capital Management L.P. now owns 65,335 shares of the company’s stock valued at $2,717,000 after purchasing an additional 2,375 shares during the period. Western Wealth Management LLC increased its holdings in shares of SPDR Blackstone Senior Loan ETF by 31.4% in the 2nd quarter. Western Wealth Management LLC now owns 21,371 shares of the company’s stock valued at $889,000 after purchasing an additional 5,109 shares during the period. Finally, Nordwand Advisors LLC lifted its position in shares of SPDR Blackstone Senior Loan ETF by 5.5% in the second quarter. Nordwand Advisors LLC now owns 17,542 shares of the company’s stock worth $730,000 after purchasing an additional 920 shares in the last quarter.

SPDR Blackstone Senior Loan ETF Stock Performance

SRLN stock opened at $39.94 on Monday. The firm has a 50 day simple moving average of $40.73 and a 200 day simple moving average of $41.13. SPDR Blackstone Senior Loan ETF has a 52 week low of $39.08 and a 52 week high of $41.67.

SPDR Blackstone Senior Loan ETF Cuts Dividend

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

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.