The Manufacturers Life Insurance Company Invests $6.05 Million in SPDR Blackstone Senior Loan ETF $SRLN

The Manufacturers Life Insurance Company bought a new stake in shares of SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) during the second quarter, Holdings Channel reports. The fund bought 150,114 shares of the company’s stock, valued at approximately $6,048,000.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. raised its position in SPDR Blackstone Senior Loan ETF by 565.8% during the second quarter. JPMorgan Chase & Co. now owns 105,261 shares of the company’s stock worth $4,378,000 after acquiring an additional 89,451 shares during the period. State Street Corp increased its stake in shares of SPDR Blackstone Senior Loan ETF by 0.5% during the second quarter. State Street Corp now owns 3,225,320 shares of the company’s stock worth $134,141,000 after purchasing an additional 15,877 shares in the last quarter. Qube Research & Technologies Ltd purchased a new stake in shares of SPDR Blackstone Senior Loan ETF during the second quarter worth about $288,000. Sei Investments Co. increased its stake in shares of SPDR Blackstone Senior Loan ETF by 40.0% during the second quarter. Sei Investments Co. now owns 7,807 shares of the company’s stock worth $325,000 after purchasing an additional 2,230 shares in the last quarter. Finally, Darwin Wealth Management LLC acquired a new position in shares of SPDR Blackstone Senior Loan ETF during the 2nd quarter worth about $885,000.

SPDR Blackstone Senior Loan ETF Price Performance

Shares of SPDR Blackstone Senior Loan ETF stock opened at $40.53 on Monday. SPDR Blackstone Senior Loan ETF has a twelve month low of $39.39 and a twelve month high of $41.63. The firm’s 50-day moving average price is $40.46 and its 200 day moving average price is $40.34.

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.