Raymond James Financial Inc. Takes Position in SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN)

Raymond James Financial Inc. bought a new position in SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) during the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 1,015,418 shares of the company’s stock, valued at approximately $42,373,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of SRLN. Global Trust Asset Management LLC purchased a new stake in SPDR Blackstone Senior Loan ETF during the 4th quarter valued at $30,000. TD Private Client Wealth LLC bought a new position in shares of SPDR Blackstone Senior Loan ETF in the 4th quarter worth approximately $34,000. First Horizon Advisors Inc. raised its holdings in SPDR Blackstone Senior Loan ETF by 170.0% in the fourth quarter. First Horizon Advisors Inc. now owns 845 shares of the company’s stock worth $35,000 after purchasing an additional 532 shares in the last quarter. SRS Capital Advisors Inc. increased its stake in shares of SPDR Blackstone Senior Loan ETF by 3,659.4% in the 4th quarter. SRS Capital Advisors Inc. now owns 1,203 shares of the company’s stock worth $50,000 after acquiring an additional 1,171 shares in the last quarter. Finally, VisionPoint Advisory Group LLC purchased a new position in shares of SPDR Blackstone Senior Loan ETF during the fourth quarter valued at approximately $74,000.

SPDR Blackstone Senior Loan ETF Price Performance

SPDR Blackstone Senior Loan ETF stock opened at $40.37 on Wednesday. The business’s fifty day simple moving average is $41.09 and its two-hundred day simple moving average is $41.58. SPDR Blackstone Senior Loan ETF has a 12 month low of $39.08 and a 12 month high of $42.09.

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.