Royal Bank of Canada Increases Position in SPDR Blackstone Senior Loan ETF $SRLN

Royal Bank of Canada lifted its stake in SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) by 2.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,251,471 shares of the company’s stock after purchasing an additional 51,796 shares during the period. Royal Bank of Canada’s holdings in SPDR Blackstone Senior Loan ETF were worth $90,375,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Signature Equity Partners LLC grew its position in 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 worth $29,000 after buying an additional 683 shares during the period. Abound Financial LLC acquired a new stake in shares of SPDR Blackstone Senior Loan ETF during the 4th quarter valued at approximately $32,000. Beacon Capital Management Inc. lifted its position in shares of SPDR Blackstone Senior Loan ETF by 65.2% during the 4th quarter. Beacon Capital Management Inc. now owns 846 shares of the company’s stock valued at $35,000 after acquiring an additional 334 shares during the period. Quarry LP purchased a new stake in shares of SPDR Blackstone Senior Loan ETF during the 4th quarter worth approximately $36,000. Finally, Sound Income Strategies LLC purchased a new stake in shares of SPDR Blackstone Senior Loan ETF during the 4th quarter worth approximately $45,000.

SPDR Blackstone Senior Loan ETF Stock Performance

SRLN opened at $40.40 on Friday. The stock’s 50 day simple moving average is $40.33 and its 200 day simple moving average is $40.43. SPDR Blackstone Senior Loan ETF has a 1-year low of $39.39 and a 1-year high of $41.67.

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.