SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) Sees Strong Trading Volume – Time to Buy?

SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) saw unusually-high trading volume on Thursday . Approximately 11,204,875 shares traded hands during mid-day trading, an increase of 123% from the previous session’s volume of 5,028,657 shares.The stock last traded at $41.99 and had previously closed at $41.97.

SPDR Blackstone Senior Loan ETF Trading Up 0.0 %

The stock has a fifty day moving average price of $41.87 and a 200-day moving average price of $41.76.

Institutional Trading of SPDR Blackstone Senior Loan ETF

A number of institutional investors have recently added to or reduced their stakes in SRLN. Heritage Wealth Management Inc. CA grew its holdings in shares of SPDR Blackstone Senior Loan ETF by 0.9% during the 3rd quarter. Heritage Wealth Management Inc. CA now owns 28,017 shares of the company’s stock valued at $1,170,000 after purchasing an additional 246 shares during the last quarter. Compass Financial Group Inc. grew its stake in shares of SPDR Blackstone Senior Loan ETF by 0.5% during the third quarter. Compass Financial Group Inc. now owns 53,007 shares of the company’s stock worth $2,214,000 after buying an additional 251 shares during the last quarter. Capital CS Group LLC increased its holdings in shares of SPDR Blackstone Senior Loan ETF by 4.2% during the third quarter. Capital CS Group LLC now owns 6,262 shares of the company’s stock worth $261,000 after buying an additional 253 shares in the last quarter. Richardson Financial Services Inc. lifted its stake in shares of SPDR Blackstone Senior Loan ETF by 1.4% in the 3rd quarter. Richardson Financial Services Inc. now owns 20,920 shares of the company’s stock valued at $874,000 after acquiring an additional 283 shares during the last quarter. Finally, Strategic Blueprint LLC grew its position in SPDR Blackstone Senior Loan ETF by 4.3% during the 4th quarter. Strategic Blueprint LLC now owns 7,096 shares of the company’s stock worth $296,000 after acquiring an additional 291 shares during the last quarter.

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.