Concord Asset Management LLC VA Sells 43,870 Shares of SPDR Blackstone Senior Loan ETF $SRLN

Concord Asset Management LLC VA decreased its holdings in SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) by 68.8% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 19,916 shares of the company’s stock after selling 43,870 shares during the period. Concord Asset Management LLC VA’s holdings in SPDR Blackstone Senior Loan ETF were worth $828,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. MeadowBrook Investment Advisors LLC bought a new stake in SPDR Blackstone Senior Loan ETF in the second quarter worth $33,000. GPS Wealth Strategies Group LLC grew its stake in shares of SPDR Blackstone Senior Loan ETF by 1,749.1% during the third quarter. GPS Wealth Strategies Group LLC now owns 1,017 shares of the company’s stock valued at $42,000 after buying an additional 962 shares during the last quarter. Twin Peaks Wealth Advisors LLC purchased a new position in shares of SPDR Blackstone Senior Loan ETF in the second quarter worth about $69,000. Hollencrest Capital Management lifted its stake in shares of SPDR Blackstone Senior Loan ETF by 12.7% in the 2nd quarter. Hollencrest Capital Management now owns 2,540 shares of the company’s stock valued at $106,000 after acquiring an additional 286 shares during the last quarter. Finally, Smartleaf Asset Management LLC boosted its holdings in SPDR Blackstone Senior Loan ETF by 351.0% during the 2nd quarter. Smartleaf Asset Management LLC now owns 4,560 shares of the company’s stock valued at $190,000 after acquiring an additional 3,549 shares during the period.

SPDR Blackstone Senior Loan ETF Stock Performance

SRLN opened at $40.70 on Friday. The stock’s 50 day simple moving average is $41.23 and its 200 day simple moving average is $41.35. SPDR Blackstone Senior Loan ETF has a 1 year low of $39.08 and a 1 year high of $41.80.

SPDR Blackstone Senior Loan ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were issued a $0.2478 dividend. The ex-dividend date was Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 7.3%.

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.