Independent Financial Group LLC Buys Shares of 207,518 SPDR Blackstone Senior Loan ETF $SRLN

Independent Financial Group LLC bought a new stake in shares of SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 207,518 shares of the company’s stock, valued at approximately $8,330,000. Independent Financial Group LLC owned about 0.17% of SPDR Blackstone Senior Loan ETF at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of SRLN. Bank of America Corp DE raised its position in shares of SPDR Blackstone Senior Loan ETF by 14.5% during the 2nd quarter. Bank of America Corp DE now owns 13,282,946 shares of the company’s stock valued at $552,438,000 after buying an additional 1,686,876 shares in the last quarter. Morgan Stanley grew its position in SPDR Blackstone Senior Loan ETF by 6.8% in the fourth quarter. Morgan Stanley now owns 11,164,717 shares of the company’s stock worth $460,768,000 after acquiring an additional 706,376 shares in the last quarter. Arizona PSPRS Trust grew its position in SPDR Blackstone Senior Loan ETF by 2.5% in the fourth quarter. Arizona PSPRS Trust now owns 8,357,347 shares of the company’s stock worth $344,908,000 after acquiring an additional 207,611 shares in the last quarter. Goldman Sachs Group Inc. increased its stake in SPDR Blackstone Senior Loan ETF by 2.4% in the fourth quarter. Goldman Sachs Group Inc. now owns 6,215,749 shares of the company’s stock valued at $256,524,000 after acquiring an additional 144,542 shares during the last quarter. Finally, LPL Financial LLC increased its stake in SPDR Blackstone Senior Loan ETF by 4.2% in the fourth quarter. LPL Financial LLC now owns 3,837,057 shares of the company’s stock valued at $158,355,000 after acquiring an additional 154,173 shares during the last quarter.

SPDR Blackstone Senior Loan ETF Stock Performance

NYSEARCA SRLN opened at $40.35 on Friday. The stock’s 50-day simple moving average is $40.37 and its two-hundred day simple moving average is $40.50. SPDR Blackstone Senior Loan ETF has a twelve month low of $39.39 and a twelve month high of $41.67.

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.