Richardson Financial Services Inc. Acquires 283 Shares of SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN)

Richardson Financial Services Inc. boosted its stake in shares of SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) by 1.4% in the third quarter, HoldingsChannel reports. The firm owned 20,920 shares of the company’s stock after purchasing an additional 283 shares during the quarter. Richardson Financial Services Inc.’s holdings in SPDR Blackstone Senior Loan ETF were worth $874,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Arizona PSPRS Trust acquired a new position in SPDR Blackstone Senior Loan ETF in the 2nd quarter valued at about $308,145,000. International Assets Investment Management LLC grew its position in shares of SPDR Blackstone Senior Loan ETF by 3,930.2% in the third quarter. International Assets Investment Management LLC now owns 2,409,530 shares of the company’s stock valued at $100,622,000 after purchasing an additional 2,349,743 shares during the last quarter. BNP Paribas Financial Markets grew its position in shares of SPDR Blackstone Senior Loan ETF by 338.4% in the first quarter. BNP Paribas Financial Markets now owns 2,588,299 shares of the company’s stock valued at $108,993,000 after purchasing an additional 1,997,841 shares during the last quarter. Jane Street Group LLC increased its stake in shares of SPDR Blackstone Senior Loan ETF by 234.9% during the first quarter. Jane Street Group LLC now owns 2,419,362 shares of the company’s stock worth $101,879,000 after purchasing an additional 1,696,862 shares during the period. Finally, GE Investment Management CORP. acquired a new stake in SPDR Blackstone Senior Loan ETF during the 1st quarter worth approximately $48,782,000.

SPDR Blackstone Senior Loan ETF Stock Performance

NYSEARCA SRLN traded up $0.03 on Friday, reaching $41.93. The stock had a trading volume of 5,964,694 shares, compared to its average volume of 3,393,948. The firm has a fifty day moving average of $41.72 and a two-hundred day moving average of $41.75. SPDR Blackstone Senior Loan ETF has a 1-year low of $40.71 and a 1-year high of $42.13.

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.