Royal Bank of Canada Increases Stake in SPDR Blackstone Senior Loan ETF $SRLN

Royal Bank of Canada raised its position in SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) by 2.4% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 2,251,471 shares of the company’s stock after acquiring an additional 51,796 shares during the period. Royal Bank of Canada owned approximately 1.84% of SPDR Blackstone Senior Loan ETF worth $90,375,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Bank of America Corp DE increased its stake in shares of SPDR Blackstone Senior Loan ETF by 14.5% during the second quarter. Bank of America Corp DE now owns 13,282,946 shares of the company’s stock worth $552,438,000 after acquiring an additional 1,686,876 shares during the period. Jane Street Group LLC acquired a new stake in SPDR Blackstone Senior Loan ETF in the fourth quarter valued at about $55,702,000. UBS Group AG boosted its holdings in SPDR Blackstone Senior Loan ETF by 85.3% in the 3rd quarter. UBS Group AG now owns 2,806,257 shares of the company’s stock valued at $116,684,000 after purchasing an additional 1,291,980 shares in the last quarter. Diversify Wealth Management LLC boosted its holdings in SPDR Blackstone Senior Loan ETF by 6,701.6% in the 1st quarter. Diversify Wealth Management LLC now owns 1,012,277 shares of the company’s stock valued at $41,078,000 after purchasing an additional 997,394 shares in the last quarter. Finally, Diversify Advisory Services LLC increased its position in SPDR Blackstone Senior Loan ETF by 5,086.5% during the 4th quarter. Diversify Advisory Services LLC now owns 747,744 shares of the company’s stock worth $30,972,000 after purchasing an additional 733,327 shares during the period.

SPDR Blackstone Senior Loan ETF Price Performance

Shares of SRLN stock opened at $40.40 on Friday. The stock has a 50 day simple moving average of $40.33 and a 200-day simple moving average of $40.43. SPDR Blackstone Senior Loan ETF has a 12-month low of $39.39 and a 12-month high of $41.67.

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.