Garden State Investment Advisory Services LLC Decreases Stake in SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN)

Garden State Investment Advisory Services LLC lessened its stake in shares of SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) by 3.4% in the third quarter, HoldingsChannel.com reports. The firm owned 53,945 shares of the company’s stock after selling 1,889 shares during the quarter. Garden State Investment Advisory Services LLC’s holdings in SPDR Blackstone Senior Loan ETF were worth $2,255,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in SRLN. Continuum Advisory LLC lifted its position in SPDR Blackstone Senior Loan ETF by 269.9% during the 3rd quarter. Continuum Advisory LLC now owns 640 shares of the company’s stock valued at $27,000 after acquiring an additional 467 shares during the period. Ridgewood Investments LLC purchased a new stake in SPDR Blackstone Senior Loan ETF in the second quarter worth about $33,000. Avior Wealth Management LLC grew its holdings in SPDR Blackstone Senior Loan ETF by 214.3% during the 3rd quarter. Avior Wealth Management LLC now owns 1,034 shares of the company’s stock valued at $43,000 after buying an additional 705 shares in the last quarter. Legacy Investment Solutions LLC purchased a new position in SPDR Blackstone Senior Loan ETF during the third quarter worth $66,000. Finally, Matrix Trust Co bought a new position in SPDR Blackstone Senior Loan ETF in the 3rd quarter valued at $68,000.

SPDR Blackstone Senior Loan ETF Price Performance

NYSEARCA SRLN traded up $0.02 during trading on Friday, hitting $41.98. The company’s stock had a trading volume of 1,442,897 shares, compared to its average volume of 3,528,491. SPDR Blackstone Senior Loan ETF has a fifty-two week low of $40.71 and a fifty-two week high of $42.13. The business’s 50 day simple moving average is $41.86 and its 200-day simple moving average is $41.74.

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.