Gateway Wealth Partners LLC Invests $589,000 in SPDR Blackstone Senior Loan ETF $SRLN

Gateway Wealth Partners LLC purchased a new stake in SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 14,661 shares of the company’s stock, valued at approximately $589,000.

Several other hedge funds also recently made changes to their positions in SRLN. Signature Equity Partners LLC increased its stake in SPDR Blackstone Senior Loan ETF by 1,453.2% in the first quarter. Signature Equity Partners LLC now owns 730 shares of the company’s stock valued at $29,000 after purchasing an additional 683 shares during the period. Abound Financial LLC acquired a new stake in shares of SPDR Blackstone Senior Loan ETF in the 4th quarter valued at approximately $32,000. Beacon Capital Management Inc. lifted its holdings in SPDR Blackstone Senior Loan ETF by 65.2% in the fourth quarter. Beacon Capital Management Inc. now owns 846 shares of the company’s stock valued at $35,000 after acquiring an additional 334 shares during the period. Quarry LP purchased a new stake in SPDR Blackstone Senior Loan ETF during the fourth quarter worth about $36,000. Finally, Sound Income Strategies LLC purchased a new stake in shares of SPDR Blackstone Senior Loan ETF during the 4th quarter worth approximately $45,000.

SPDR Blackstone Senior Loan ETF Stock Up 0.1%

NYSEARCA:SRLN opened at $40.39 on Friday. SPDR Blackstone Senior Loan ETF has a 52-week low of $39.39 and a 52-week high of $41.67. The stock has a fifty day simple moving average of $40.33 and a 200-day simple moving average of $40.43.

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.