Maridea Wealth Management LLC Raises Stock Holdings in SPDR Blackstone Senior Loan ETF $SRLN

Maridea Wealth Management LLC raised its holdings in SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) by 50.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 85,184 shares of the company’s stock after purchasing an additional 28,692 shares during the period. Maridea Wealth Management LLC’s holdings in SPDR Blackstone Senior Loan ETF were worth $3,516,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. GPS Wealth Strategies Group LLC raised its stake in shares of SPDR Blackstone Senior Loan ETF by 1,749.1% during the 3rd 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. Triumph Capital Management purchased a new position in shares of SPDR Blackstone Senior Loan ETF during the 3rd quarter valued at approximately $54,000. Ancora Advisors LLC grew its stake in SPDR Blackstone Senior Loan ETF by 42.3% in the 3rd quarter. Ancora Advisors LLC now owns 1,540 shares of the company’s stock valued at $64,000 after acquiring an additional 458 shares during the period. Stance Capital LLC acquired a new stake in SPDR Blackstone Senior Loan ETF in the 3rd quarter valued at $67,000. Finally, Twin Peaks Wealth Advisors LLC purchased a new stake in SPDR Blackstone Senior Loan ETF in the 2nd quarter worth $69,000.

SPDR Blackstone Senior Loan ETF Stock Performance

NYSEARCA:SRLN opened at $40.04 on Friday. SPDR Blackstone Senior Loan ETF has a fifty-two week low of $39.08 and a fifty-two week high of $41.67. The company has a fifty day moving average of $40.60 and a two-hundred day moving average of $41.08.

SPDR Blackstone Senior Loan ETF Cuts Dividend

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

About SPDR Blackstone Senior Loan ETF

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.