Foundations Investment Advisors LLC Reduces Position in SPDR Blackstone Senior Loan ETF $SRLN

Foundations Investment Advisors LLC trimmed its holdings in SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) by 26.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 42,042 shares of the company’s stock after selling 14,838 shares during the quarter. Foundations Investment Advisors LLC’s holdings in SPDR Blackstone Senior Loan ETF were worth $1,748,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. MeadowBrook Investment Advisors LLC acquired a new stake in shares of SPDR Blackstone Senior Loan ETF in the second quarter valued at approximately $33,000. GPS Wealth Strategies Group LLC grew its holdings in SPDR Blackstone Senior Loan ETF by 1,749.1% in the 3rd quarter. GPS Wealth Strategies Group LLC now owns 1,017 shares of the company’s stock valued at $42,000 after buying an additional 962 shares in the last quarter. Twin Peaks Wealth Advisors LLC purchased a new stake in SPDR Blackstone Senior Loan ETF in the 2nd quarter valued at $69,000. Hollencrest Capital Management increased its stake in shares of SPDR Blackstone Senior Loan ETF by 12.7% in the 2nd quarter. Hollencrest Capital Management now owns 2,540 shares of the company’s stock worth $106,000 after acquiring an additional 286 shares during the last quarter. Finally, Smartleaf Asset Management LLC raised its holdings in shares of SPDR Blackstone Senior Loan ETF by 351.0% during the 2nd quarter. Smartleaf Asset Management LLC now owns 4,560 shares of the company’s stock worth $190,000 after acquiring an additional 3,549 shares during the period.

SPDR Blackstone Senior Loan ETF Price Performance

Shares of SRLN stock opened at $40.96 on Friday. SPDR Blackstone Senior Loan ETF has a twelve month low of $39.08 and a twelve month high of $42.03. The company’s 50-day moving average price is $41.30 and its 200-day moving average price is $41.38.

SPDR Blackstone Senior Loan ETF 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.