Vertrix Wealth Management LLC Purchases Shares of 146,567 SPDR Blackstone Senior Loan ETF $SRLN

Vertrix Wealth Management LLC acquired a new stake in shares of SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) in the second quarter, HoldingsChannel.com reports. The institutional investor acquired 146,567 shares of the company’s stock, valued at approximately $5,905,000. SPDR Blackstone Senior Loan ETF comprises about 2.0% of Vertrix Wealth Management LLC’s holdings, making the stock its 12th biggest position.

Other large investors have also modified their holdings of the company. Signature Equity Partners LLC raised its stake 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 purchasing an additional 683 shares during the period. Abound Financial LLC acquired a new position in shares of SPDR Blackstone Senior Loan ETF in the 4th quarter valued at $32,000. Beacon Capital Management Inc. grew its stake 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 buying 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 valued at $36,000. Finally, Beacon Financial Strategies CORP acquired a new stake in shares of SPDR Blackstone Senior Loan ETF during the 2nd quarter worth $37,000.

SPDR Blackstone Senior Loan ETF Stock Performance

SRLN stock opened at $40.44 on Monday. The business has a fifty day simple moving average of $40.31 and a 200-day simple moving average of $40.39. SPDR Blackstone Senior Loan ETF has a 52 week low of $39.39 and a 52 week high of $41.63.

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.