SPDR Blackstone Senior Loan ETF $SRLN Position Raised by L & S Advisors Inc

L & S Advisors Inc raised its position in shares of SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) by 3.1% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 423,726 shares of the company’s stock after purchasing an additional 12,866 shares during the quarter. SPDR Blackstone Senior Loan ETF comprises 1.7% of L & S Advisors Inc’s portfolio, making the stock its 11th largest holding. L & S Advisors Inc owned about 0.27% of SPDR Blackstone Senior Loan ETF worth $17,619,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. Bank of America Corp DE boosted its stake in SPDR Blackstone Senior Loan ETF by 14.5% during the second quarter. Bank of America Corp DE now owns 13,282,946 shares of the company’s stock valued at $552,438,000 after buying an additional 1,686,876 shares in the last quarter. State Street Corp raised its position in SPDR Blackstone Senior Loan ETF by 0.5% in the second quarter. State Street Corp now owns 3,225,320 shares of the company’s stock worth $134,141,000 after acquiring an additional 15,877 shares in the last quarter. Advisory Alpha LLC lifted its holdings in SPDR Blackstone Senior Loan ETF by 5.3% in the 2nd quarter. Advisory Alpha LLC now owns 1,665,176 shares of the company’s stock valued at $69,255,000 after acquiring an additional 84,361 shares during the last quarter. 1832 Asset Management L.P. boosted its position in shares of SPDR Blackstone Senior Loan ETF by 4.5% during the 2nd quarter. 1832 Asset Management L.P. now owns 1,077,964 shares of the company’s stock valued at $44,833,000 after purchasing an additional 45,976 shares in the last quarter. Finally, HighTower Advisors LLC grew its stake in shares of SPDR Blackstone Senior Loan ETF by 15.9% in the 3rd quarter. HighTower Advisors LLC now owns 866,124 shares of the company’s stock worth $36,014,000 after purchasing an additional 119,041 shares during the last quarter.

SPDR Blackstone Senior Loan ETF Price Performance

SRLN stock opened at $40.67 on Thursday. SPDR Blackstone Senior Loan ETF has a 12 month low of $39.08 and a 12 month high of $41.80. The firm has a 50 day simple moving average of $41.13 and a 200 day simple moving average of $41.30.

SPDR Blackstone Senior Loan ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were given a dividend of $0.2478 per share. This represents a c) dividend on an annualized basis and a dividend yield of 7.3%. The ex-dividend date was Monday, February 2nd.

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.