Partners Wealth Management LLC Buys New Stake in SPDR Blackstone Senior Loan ETF $SRLN

Partners Wealth Management LLC bought a new position in shares of SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) during the third quarter, Holdings Channel reports. The fund bought 34,583 shares of the company’s stock, valued at approximately $1,397,000.

A number of other institutional investors have also recently added to or reduced their stakes in the business. D.A. Davidson & CO. lifted its holdings in shares of SPDR Blackstone Senior Loan ETF by 3.3% during the third quarter. D.A. Davidson & CO. now owns 28,838 shares of the company’s stock worth $1,165,000 after purchasing an additional 913 shares during the period. Essential Investment Partners LLC bought a new stake in shares of SPDR Blackstone Senior Loan ETF in the third quarter worth $29,000. Heritage Wealth Management Inc. CA grew its stake in shares of SPDR Blackstone Senior Loan ETF by 15.4% in the third quarter. Heritage Wealth Management Inc. CA now owns 66,485 shares of the company’s stock worth $2,685,000 after purchasing an additional 8,865 shares during the last quarter. Park Avenue Securities LLC increased its holdings in SPDR Blackstone Senior Loan ETF by 5.1% in the third quarter. Park Avenue Securities LLC now owns 112,254 shares of the company’s stock valued at $4,534,000 after purchasing an additional 5,446 shares during the period. Finally, Rainey & Randall Wealth Advisors Inc. increased its holdings in SPDR Blackstone Senior Loan ETF by 0.7% in the third quarter. Rainey & Randall Wealth Advisors Inc. now owns 140,663 shares of the company’s stock valued at $5,681,000 after purchasing an additional 954 shares during the period.

SPDR Blackstone Senior Loan ETF Stock Down 0.2%

Shares of NYSEARCA:SRLN opened at $40.08 on Friday. SPDR Blackstone Senior Loan ETF has a 12-month low of $39.39 and a 12-month high of $41.54. The business has a fifty day simple moving average of $40.37 and a 200 day simple moving average of $40.41.

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.