Palogic Value Management L.P. Buys 7,594 Shares of SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN)

Palogic Value Management L.P. grew its stake in SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) by 6.4% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 126,131 shares of the company’s stock after purchasing an additional 7,594 shares during the period. SPDR Blackstone Senior Loan ETF accounts for 2.0% of Palogic Value Management L.P.’s portfolio, making the stock its 8th biggest position. Palogic Value Management L.P.’s holdings in SPDR Blackstone Senior Loan ETF were worth $5,263,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SRLN. Ocean Park Asset Management LLC lifted its stake in SPDR Blackstone Senior Loan ETF by 2,785.0% in the fourth quarter. Ocean Park Asset Management LLC now owns 7,825,634 shares of the company’s stock valued at $326,564,000 after buying an additional 7,554,382 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of SPDR Blackstone Senior Loan ETF by 69,298.2% in the 4th quarter. JPMorgan Chase & Co. now owns 2,238,786 shares of the company’s stock valued at $93,425,000 after acquiring an additional 2,235,560 shares during the period. State of New Jersey Common Pension Fund D purchased a new stake in SPDR Blackstone Senior Loan ETF in the 4th quarter valued at $64,682,000. American Century Companies Inc. acquired a new stake in SPDR Blackstone Senior Loan ETF during the 4th quarter worth $43,309,000. Finally, Raymond James Financial Inc. purchased a new position in SPDR Blackstone Senior Loan ETF during the 4th quarter worth $42,373,000.

SPDR Blackstone Senior Loan ETF Stock Down 0.3 %

Shares of NYSEARCA:SRLN opened at $41.11 on Friday. SPDR Blackstone Senior Loan ETF has a one year low of $40.71 and a one year high of $42.09. The company has a 50-day simple moving average of $41.55 and a 200-day simple moving average of $41.72.

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.