BTS Asset Management Inc. Buys New Stake in SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN)

BTS Asset Management Inc. bought a new stake in SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 15,010 shares of the company’s stock, valued at approximately $617,000. SPDR Blackstone Senior Loan ETF makes up approximately 0.7% of BTS Asset Management Inc.’s holdings, making the stock its 7th biggest position.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. TD Private Client Wealth LLC purchased a new position in shares of SPDR Blackstone Senior Loan ETF during the 4th quarter worth $34,000. First Horizon Advisors Inc. lifted its stake in shares of SPDR Blackstone Senior Loan ETF by 170.0% during the 4th quarter. First Horizon Advisors Inc. now owns 845 shares of the company’s stock worth $35,000 after purchasing an additional 532 shares during the period. Continuum Advisory LLC lifted its stake in shares of SPDR Blackstone Senior Loan ETF by 55.0% during the 4th quarter. Continuum Advisory LLC now owns 992 shares of the company’s stock worth $41,000 after purchasing an additional 352 shares during the period. AdvisorNet Financial Inc increased its holdings in shares of SPDR Blackstone Senior Loan ETF by 304.8% during the 1st quarter. AdvisorNet Financial Inc now owns 1,186 shares of the company’s stock worth $49,000 after buying an additional 893 shares during the last quarter. Finally, SRS Capital Advisors Inc. increased its holdings in shares of SPDR Blackstone Senior Loan ETF by 3,659.4% during the 4th quarter. SRS Capital Advisors Inc. now owns 1,203 shares of the company’s stock worth $50,000 after buying an additional 1,171 shares during the last quarter.

SPDR Blackstone Senior Loan ETF Stock Performance

SRLN stock opened at $41.22 on Friday. The business has a fifty day simple moving average of $40.85 and a 200-day simple moving average of $41.34. SPDR Blackstone Senior Loan ETF has a 52 week low of $39.08 and a 52 week high of $42.09.

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.