SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) Stock Position Reduced by GeoWealth Management LLC

GeoWealth Management LLC cut its position in shares of SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) by 51.8% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 28,672 shares of the company’s stock after selling 30,755 shares during the period. GeoWealth Management LLC’s holdings in SPDR Blackstone Senior Loan ETF were worth $1,200,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Fortis Capital Advisors LLC acquired a new stake in SPDR Blackstone Senior Loan ETF in the 4th quarter valued at approximately $100,000. Capital Investment Advisory Services LLC acquired a new stake in shares of SPDR Blackstone Senior Loan ETF in the second quarter worth $113,000. Spire Wealth Management increased its position in SPDR Blackstone Senior Loan ETF by 9.7% during the second quarter. Spire Wealth Management now owns 4,449 shares of the company’s stock worth $186,000 after acquiring an additional 394 shares during the period. Captrust Financial Advisors raised its stake in SPDR Blackstone Senior Loan ETF by 6.7% during the 2nd quarter. Captrust Financial Advisors now owns 4,832 shares of the company’s stock valued at $201,000 after purchasing an additional 304 shares during the last quarter. Finally, Keystone Financial Group acquired a new position in shares of SPDR Blackstone Senior Loan ETF during the second quarter valued at about $202,000.

SPDR Blackstone Senior Loan ETF Stock Performance

Shares of SRLN opened at $41.76 on Tuesday. The stock’s 50-day moving average price is $41.67 and its 200 day moving average price is $41.59. SPDR Blackstone Senior Loan ETF has a 12-month low of $40.62 and a 12-month high of $42.22.

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.