601,107 Shares in SPDR Blackstone Senior Loan ETF $SRLN Purchased by Liberty Mutual Group Asset Management Inc.

Liberty Mutual Group Asset Management Inc. purchased a new position in SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) during the 3rd quarter, HoldingsChannel reports. The firm purchased 601,107 shares of the company’s stock, valued at approximately $24,994,000. SPDR Blackstone Senior Loan ETF comprises approximately 7.9% of Liberty Mutual Group Asset Management Inc.’s investment portfolio, making the stock its 4th biggest holding.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Bank of New York Mellon Corp raised its holdings in shares of SPDR Blackstone Senior Loan ETF by 45.7% in the 2nd quarter. Bank of New York Mellon Corp now owns 598,527 shares of the company’s stock worth $24,893,000 after purchasing an additional 187,833 shares in the last quarter. SBI Securities Co. Ltd. boosted its holdings in SPDR Blackstone Senior Loan ETF by 13.8% during the second quarter. SBI Securities Co. Ltd. now owns 16,015 shares of the company’s stock worth $666,000 after buying an additional 1,943 shares in the last quarter. Hibernia Wealth Partners LLC boosted its holdings in SPDR Blackstone Senior Loan ETF by 98.8% during the second quarter. Hibernia Wealth Partners LLC now owns 68,346 shares of the company’s stock worth $2,842,000 after buying an additional 33,961 shares in the last quarter. Donoghue Forlines LLC grew its position in SPDR Blackstone Senior Loan ETF by 33.7% in the second quarter. Donoghue Forlines LLC now owns 782,022 shares of the company’s stock worth $32,524,000 after buying an additional 196,945 shares during the last quarter. Finally, Foundations Investment Advisors LLC grew its position in SPDR Blackstone Senior Loan ETF by 10.7% in the second quarter. Foundations Investment Advisors LLC now owns 56,880 shares of the company’s stock worth $2,366,000 after buying an additional 5,489 shares during the last quarter.

SPDR Blackstone Senior Loan ETF Stock Down 0.1%

NYSEARCA SRLN opened at $39.94 on Friday. SPDR Blackstone Senior Loan ETF has a 1 year low of $39.08 and a 1 year high of $41.67. The business’s fifty day moving average is $40.73 and its two-hundred day moving average is $41.14.

SPDR Blackstone Senior Loan ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were issued a $0.2277 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 6.8%. The ex-dividend date was Monday, March 2nd.

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.