Redmont Wealth Advisors LLC Invests $296,000 in SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN)

Redmont Wealth Advisors LLC bought a new stake in shares of SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) during the 4th quarter, HoldingsChannel.com reports. The firm bought 7,068 shares of the company’s stock, valued at approximately $296,000.

A number of other hedge funds also recently modified their holdings of SRLN. Pinion Investment Advisors LLC raised its holdings in shares of SPDR Blackstone Senior Loan ETF by 4.1% in the third quarter. Pinion Investment Advisors LLC now owns 6,215 shares of the company’s stock valued at $261,000 after buying an additional 242 shares during the last quarter. Benjamin Edwards Inc. grew its stake in shares of SPDR Blackstone Senior Loan ETF by 1.2% during the second quarter. Benjamin Edwards Inc. now owns 20,583 shares of the company’s stock valued at $862,000 after purchasing an additional 244 shares during the last quarter. Stratos Wealth Advisors LLC lifted its holdings in SPDR Blackstone Senior Loan ETF by 4.1% during the 3rd quarter. Stratos Wealth Advisors LLC now owns 6,454 shares of the company’s stock worth $271,000 after buying an additional 253 shares in the last quarter. BTS Asset Management Inc. boosted its position in SPDR Blackstone Senior Loan ETF by 1.4% in the 1st quarter. BTS Asset Management Inc. now owns 19,613 shares of the company’s stock valued at $882,000 after buying an additional 279 shares during the last quarter. Finally, Captrust Financial Advisors boosted its position in SPDR Blackstone Senior Loan ETF by 6.7% in the 2nd quarter. Captrust Financial Advisors now owns 4,832 shares of the company’s stock valued at $201,000 after buying an additional 304 shares during the last quarter.

SPDR Blackstone Senior Loan ETF Stock Up 0.0 %

NYSEARCA SRLN traded up $0.01 during trading on Friday, reaching $41.79. 2,690,092 shares of the stock traded hands, compared to its average volume of 2,500,909. The stock’s 50-day moving average price is $41.89 and its 200 day moving average price is $41.78. SPDR Blackstone Senior Loan ETF has a fifty-two week low of $40.76 and a fifty-two week high of $42.15.

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.