McAdam LLC Acquires 1,720 Shares of SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN)

McAdam LLC increased its holdings in SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) by 9.3% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 20,118 shares of the company’s stock after buying an additional 1,720 shares during the period. McAdam LLC’s holdings in SPDR Blackstone Senior Loan ETF were worth $840,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently modified their holdings of the business. Mather Group LLC. purchased a new position in SPDR Blackstone Senior Loan ETF in the second quarter valued at approximately $33,000. Ridgewood Investments LLC purchased a new stake in shares of SPDR Blackstone Senior Loan ETF during the second quarter worth $33,000. IAG Wealth Partners LLC purchased a new stake in shares of SPDR Blackstone Senior Loan ETF during the second quarter worth $41,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of SPDR Blackstone Senior Loan ETF during the second quarter worth $61,000. Finally, Matrix Trust Co purchased a new stake in shares of SPDR Blackstone Senior Loan ETF during the third quarter worth $68,000.

SPDR Blackstone Senior Loan ETF Stock Performance

NYSEARCA:SRLN opened at $41.90 on Friday. The stock’s fifty day moving average price is $41.71 and its two-hundred day moving average price is $41.75. SPDR Blackstone Senior Loan ETF has a 1 year low of $40.71 and a 1 year high of $42.13.

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.