First Eagle Investment Management LLC Makes New $5.33 Million Investment in SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN)

First Eagle Investment Management LLC bought a new position in shares of SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 127,653 shares of the company’s stock, valued at approximately $5,327,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Bank of New York Mellon Corp increased its stake in shares of SPDR Blackstone Senior Loan ETF by 1,194.5% in the 4th quarter. Bank of New York Mellon Corp now owns 564,604 shares of the company’s stock valued at $23,561,000 after buying an additional 520,990 shares during the period. Allworth Financial LP lifted its holdings in SPDR Blackstone Senior Loan ETF by 141.4% during the fourth quarter. Allworth Financial LP now owns 14,515 shares of the company’s stock worth $609,000 after acquiring an additional 8,503 shares in the last quarter. Quadrature Capital Ltd bought a new position in SPDR Blackstone Senior Loan ETF during the third quarter worth about $4,073,000. Truist Financial Corp lifted its holdings in SPDR Blackstone Senior Loan ETF by 47.7% during the fourth quarter. Truist Financial Corp now owns 122,582 shares of the company’s stock worth $5,115,000 after acquiring an additional 39,603 shares in the last quarter. Finally, Avaii Wealth Management LLC bought a new position in SPDR Blackstone Senior Loan ETF during the fourth quarter worth about $286,000.

SPDR Blackstone Senior Loan ETF Stock Performance

Shares of SPDR Blackstone Senior Loan ETF stock opened at $41.08 on Friday. The stock’s 50-day moving average is $41.70 and its 200-day moving average is $41.76. SPDR Blackstone Senior Loan ETF has a one year low of $40.71 and a one 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.