Independent Financial Group LLC Invests $8.33 Million in SPDR Blackstone Senior Loan ETF $SRLN

Independent Financial Group LLC acquired a new stake in SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 207,518 shares of the company’s stock, valued at approximately $8,330,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Iams Wealth Management LLC raised its position in SPDR Blackstone Senior Loan ETF by 4.2% in the 4th quarter. Iams Wealth Management LLC now owns 6,014 shares of the company’s stock worth $248,000 after purchasing an additional 244 shares during the period. Perissos Private Wealth Management LLC lifted its stake in SPDR Blackstone Senior Loan ETF by 0.4% in the third quarter. Perissos Private Wealth Management LLC now owns 61,928 shares of the company’s stock worth $2,575,000 after purchasing an additional 245 shares during the last quarter. Cumberland Partners Ltd boosted its position in SPDR Blackstone Senior Loan ETF by 3.1% during the fourth quarter. Cumberland Partners Ltd now owns 8,324 shares of the company’s stock valued at $344,000 after buying an additional 250 shares during the period. Flagstar Advisors Inc. boosted its position in SPDR Blackstone Senior Loan ETF by 1.2% during the first quarter. Flagstar Advisors Inc. now owns 22,316 shares of the company’s stock valued at $896,000 after buying an additional 257 shares during the period. Finally, Bank of Marin grew its stake in shares of SPDR Blackstone Senior Loan ETF by 3.2% during the fourth quarter. Bank of Marin now owns 9,468 shares of the company’s stock valued at $391,000 after buying an additional 297 shares during the last quarter.

SPDR Blackstone Senior Loan ETF Trading Up 0.0%

SRLN opened at $40.35 on Friday. The business’s 50-day moving average price is $40.37 and its 200-day moving average price is $40.50. SPDR Blackstone Senior Loan ETF has a 12 month low of $39.39 and a 12 month high of $41.67.

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.