Hilltop Partners LLC Reduces Stake in SPDR Blackstone Senior Loan ETF $SRLN

Hilltop Partners LLC lowered its position in shares of SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) by 17.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 197,482 shares of the company’s stock after selling 41,348 shares during the period. SPDR Blackstone Senior Loan ETF makes up approximately 2.5% of Hilltop Partners LLC’s portfolio, making the stock its 8th largest position. Hilltop Partners LLC owned approximately 0.12% of SPDR Blackstone Senior Loan ETF worth $8,213,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the company. Corebridge Financial Inc. purchased a new stake in SPDR Blackstone Senior Loan ETF during the 1st quarter valued at $394,233,000. Bank of America Corp DE lifted its holdings in shares of SPDR Blackstone Senior Loan ETF by 14.5% during the second quarter. Bank of America Corp DE now owns 13,282,946 shares of the company’s stock valued at $552,438,000 after purchasing an additional 1,686,876 shares in the last quarter. Advisory Alpha LLC boosted its position in shares of SPDR Blackstone Senior Loan ETF by 19,159.4% during the first quarter. Advisory Alpha LLC now owns 1,580,815 shares of the company’s stock valued at $65,019,000 after buying an additional 1,572,607 shares during the last quarter. Wellington Management Group LLP boosted its position in shares of SPDR Blackstone Senior Loan ETF by 78.3% during the first quarter. Wellington Management Group LLP now owns 2,720,150 shares of the company’s stock valued at $111,880,000 after buying an additional 1,194,900 shares during the last quarter. Finally, BNP Paribas Financial Markets increased its holdings in SPDR Blackstone Senior Loan ETF by 76.6% in the 1st quarter. BNP Paribas Financial Markets now owns 1,309,602 shares of the company’s stock worth $53,864,000 after buying an additional 568,206 shares in the last quarter.

SPDR Blackstone Senior Loan ETF Stock Performance

SRLN opened at $41.35 on Friday. SPDR Blackstone Senior Loan ETF has a 52-week low of $39.08 and a 52-week high of $42.03. The company’s 50-day simple moving average is $41.30 and its two-hundred day simple moving average is $41.39.

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.