Capstone Wealth Management Group Inc. Buys Shares of 32,915 SPDR Blackstone Senior Loan ETF $SRLN

Capstone Wealth Management Group Inc. bought a new stake in SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 32,915 shares of the company’s stock, valued at approximately $1,326,000. SPDR Blackstone Senior Loan ETF comprises about 0.8% of Capstone Wealth Management Group Inc.’s investment portfolio, making the stock its 25th biggest position.

Several other institutional investors also recently modified their holdings of the business. Northwestern Mutual Wealth Management Co. lifted its stake in shares of SPDR Blackstone Senior Loan ETF by 731.1% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 39,966 shares of the company’s stock valued at $1,649,000 after purchasing an additional 35,157 shares during the period. Valeo Financial Advisors LLC acquired a new stake in shares of SPDR Blackstone Senior Loan ETF during the fourth quarter worth $1,009,000. BTS Asset Management Inc. acquired a new stake in shares of SPDR Blackstone Senior Loan ETF during the fourth quarter worth $603,000. Strategic Blueprint LLC increased its holdings in SPDR Blackstone Senior Loan ETF by 464.3% in the fourth quarter. Strategic Blueprint LLC now owns 82,242 shares of the company’s stock valued at $3,394,000 after purchasing an additional 67,667 shares during the last quarter. Finally, WCG Wealth Advisors LLC bought a new stake in SPDR Blackstone Senior Loan ETF in the fourth quarter valued at about $577,000.

SPDR Blackstone Senior Loan ETF Price Performance

NYSEARCA:SRLN opened at $40.60 on Friday. SPDR Blackstone Senior Loan ETF has a 1-year low of $39.39 and a 1-year high of $41.63. The business’s 50-day moving average price is $40.32 and its two-hundred day moving average price is $40.36.

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.