SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) Sees Strong Trading Volume – Here’s What Happened

SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) saw strong trading volume on Friday . 8,432,402 shares traded hands during mid-day trading, an increase of 79% from the previous session’s volume of 4,715,594 shares.The stock last traded at $41.3450 and had previously closed at $41.39.

SPDR Blackstone Senior Loan ETF Stock Down 0.1%

The company’s fifty day moving average is $41.30 and its 200-day moving average is $41.39.

Hedge Funds Weigh In On SPDR Blackstone Senior Loan ETF

A number of hedge funds have recently made changes to their positions in the business. Brookstone Capital Management raised its stake in SPDR Blackstone Senior Loan ETF by 2.7% during the 2nd quarter. Brookstone Capital Management now owns 9,336 shares of the company’s stock valued at $388,000 after purchasing an additional 244 shares during the period. Planned Solutions Inc. grew its holdings in SPDR Blackstone Senior Loan ETF by 2.7% during the 3rd quarter. Planned Solutions Inc. now owns 9,131 shares of the company’s stock valued at $380,000 after buying an additional 244 shares in the last quarter. Aspetuck Financial Management LLC raised its position in shares of SPDR Blackstone Senior Loan ETF by 0.4% during the second quarter. Aspetuck Financial Management LLC now owns 68,092 shares of the company’s stock valued at $2,832,000 after buying an additional 245 shares during the last quarter. Perissos Private Wealth Management LLC lifted its holdings in shares of SPDR Blackstone Senior Loan ETF by 0.4% in the third quarter. Perissos Private Wealth Management LLC now owns 61,928 shares of the company’s stock worth $2,575,000 after buying an additional 245 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its position in shares of SPDR Blackstone Senior Loan ETF by 4.9% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 5,323 shares of the company’s stock worth $221,000 after acquiring an additional 247 shares during the last quarter.

SPDR Blackstone Senior Loan ETF Company Profile

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.