SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) Hits New 12-Month Low – Here’s Why

SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN)’s stock price reached a new 52-week low on Thursday . The company traded as low as $40.46 and last traded at $40.47, with a volume of 2785522 shares. The stock had previously closed at $40.81.

SPDR Blackstone Senior Loan ETF Trading Down 1.3 %

The business’s 50-day moving average is $41.42 and its 200-day moving average is $41.69.

Institutional Trading of SPDR Blackstone Senior Loan ETF

A number of hedge funds have recently modified their holdings of the stock. Strategic Blueprint LLC raised its position in SPDR Blackstone Senior Loan ETF by 4.3% during the fourth quarter. Strategic Blueprint LLC now owns 7,096 shares of the company’s stock valued at $296,000 after acquiring an additional 291 shares in the last quarter. Primoris Wealth Advisors LLC increased its holdings in shares of SPDR Blackstone Senior Loan ETF by 2.2% during the 4th quarter. Primoris Wealth Advisors LLC now owns 14,491 shares of the company’s stock valued at $605,000 after purchasing an additional 305 shares in the last quarter. Walkner Condon Financial Advisors LLC lifted its stake in shares of SPDR Blackstone Senior Loan ETF by 4.9% in the 4th quarter. Walkner Condon Financial Advisors LLC now owns 6,958 shares of the company’s stock valued at $290,000 after purchasing an additional 326 shares during the period. Bank of Marin boosted its holdings in SPDR Blackstone Senior Loan ETF by 5.2% during the fourth quarter. Bank of Marin now owns 6,744 shares of the company’s stock worth $281,000 after buying an additional 335 shares in the last quarter. Finally, J.W. Cole Advisors Inc. grew its position in SPDR Blackstone Senior Loan ETF by 2.2% during the fourth quarter. J.W. Cole Advisors Inc. now owns 16,025 shares of the company’s stock valued at $669,000 after buying an additional 339 shares during the period.

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.