Prasad Wealth Partners LLC Invests $4.11 Million in SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN)

Prasad Wealth Partners LLC purchased a new position in SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 98,479 shares of the company’s stock, valued at approximately $4,110,000. SPDR Blackstone Senior Loan ETF accounts for approximately 1.3% of Prasad Wealth Partners LLC’s investment portfolio, making the stock its 25th largest holding. Prasad Wealth Partners LLC owned about 0.07% of SPDR Blackstone Senior Loan ETF at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of SRLN. Continuum Advisory LLC raised its stake in shares of SPDR Blackstone Senior Loan ETF by 269.9% during the 3rd quarter. Continuum Advisory LLC now owns 640 shares of the company’s stock worth $27,000 after acquiring an additional 467 shares in the last quarter. Global Trust Asset Management LLC bought a new position in shares of SPDR Blackstone Senior Loan ETF during the 4th quarter worth approximately $30,000. First Horizon Advisors Inc. raised its stake in shares of SPDR Blackstone Senior Loan ETF by 170.0% during the 4th quarter. First Horizon Advisors Inc. now owns 845 shares of the company’s stock worth $35,000 after acquiring an additional 532 shares in the last quarter. Avior Wealth Management LLC raised its stake in shares of 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 worth $43,000 after acquiring an additional 705 shares in the last quarter. Finally, Legacy Investment Solutions LLC bought a new position in shares of SPDR Blackstone Senior Loan ETF during the 3rd quarter worth approximately $66,000.

SPDR Blackstone Senior Loan ETF Trading Down 0.0 %

NYSEARCA SRLN opened at $41.68 on Tuesday. The company has a 50 day moving average price of $41.81 and a 200 day moving average price of $41.78. SPDR Blackstone Senior Loan ETF has a 52 week low of $40.71 and a 52 week high of $42.13.

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.