Blackstone Senior Floating Rate 2027 Term Fund (NYSE:BSL) Shares Cross Above Two Hundred Day Moving Average of $13.74

Shares of Blackstone Senior Floating Rate 2027 Term Fund (NYSE:BSL) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $13.74 and traded as high as $14.18. Blackstone Senior Floating Rate 2027 Term Fund shares last traded at $14.09, with a volume of 45,608 shares.

Blackstone Senior Floating Rate 2027 Term Fund Trading Down 0.6 %

The firm has a fifty day simple moving average of $14.25 and a 200-day simple moving average of $13.74.

Blackstone Senior Floating Rate 2027 Term Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, May 31st. Investors of record on Thursday, May 23rd will be issued a $0.114 dividend. This represents a $1.37 annualized dividend and a yield of 9.71%. The ex-dividend date is Wednesday, May 22nd.

Institutional Trading of Blackstone Senior Floating Rate 2027 Term Fund

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Jaffetilchin Investment Partners LLC acquired a new stake in shares of Blackstone Senior Floating Rate 2027 Term Fund during the 1st quarter worth approximately $218,000. Advisors Asset Management Inc. grew its holdings in Blackstone Senior Floating Rate 2027 Term Fund by 14.7% during the 1st quarter. Advisors Asset Management Inc. now owns 201,982 shares of the company’s stock worth $2,894,000 after acquiring an additional 25,951 shares during the period. Tranquility Partners LLC raised its position in shares of Blackstone Senior Floating Rate 2027 Term Fund by 14.2% during the 1st quarter. Tranquility Partners LLC now owns 92,582 shares of the company’s stock valued at $1,327,000 after acquiring an additional 11,490 shares during the last quarter. Avidian Wealth Solutions LLC acquired a new position in shares of Blackstone Senior Floating Rate 2027 Term Fund in the 1st quarter valued at $166,000. Finally, Leavell Investment Management Inc. boosted its position in shares of Blackstone Senior Floating Rate 2027 Term Fund by 14.1% in the 1st quarter. Leavell Investment Management Inc. now owns 138,300 shares of the company’s stock worth $1,982,000 after purchasing an additional 17,100 shares during the last quarter.

About Blackstone Senior Floating Rate 2027 Term Fund

Blackstone Senior Floating Rate 2027 Term Fund is a closed-ended fixed income mutual fund launched by The Blackstone Group L.P. It is managed by GSO / Blackstone Debt Funds Management LLC. The fund invests in the fixed income markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors.