SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) Shares Bought by Baird Financial Group Inc.

Baird Financial Group Inc. boosted its position in shares of SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) by 37.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 72,745 shares of the company’s stock after buying an additional 19,969 shares during the period. Baird Financial Group Inc. owned 0.05% of SPDR Blackstone Senior Loan ETF worth $3,036,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Ocean Park Asset Management LLC increased its holdings in shares of SPDR Blackstone Senior Loan ETF by 2,785.0% in the fourth quarter. Ocean Park Asset Management LLC now owns 7,825,634 shares of the company’s stock valued at $326,564,000 after purchasing an additional 7,554,382 shares during the period. Lord Abbett & CO. LLC increased its holdings in shares of SPDR Blackstone Senior Loan ETF by 436.0% in the fourth quarter. Lord Abbett & CO. LLC now owns 3,387,056 shares of the company’s stock valued at $141,342,000 after purchasing an additional 2,755,100 shares during the period. JPMorgan Chase & Co. increased its holdings in shares of SPDR Blackstone Senior Loan ETF by 69,298.2% in the fourth quarter. JPMorgan Chase & Co. now owns 2,238,786 shares of the company’s stock valued at $93,425,000 after purchasing an additional 2,235,560 shares during the period. State of Tennessee Department of Treasury increased its holdings in shares of SPDR Blackstone Senior Loan ETF by 55.9% in the fourth quarter. State of Tennessee Department of Treasury now owns 5,938,464 shares of the company’s stock valued at $247,812,000 after purchasing an additional 2,130,217 shares during the period. Finally, State of New Jersey Common Pension Fund D acquired a new position in shares of SPDR Blackstone Senior Loan ETF in the fourth quarter valued at approximately $64,682,000.

SPDR Blackstone Senior Loan ETF Price Performance

NYSEARCA:SRLN opened at $40.87 on Monday. The stock’s 50 day simple moving average is $40.73 and its 200-day simple moving average is $41.44. SPDR Blackstone Senior Loan ETF has a 12-month low of $39.08 and a 12-month high of $42.09.

SPDR Blackstone Senior Loan ETF 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.