Renaissance Technologies LLC Raises Stake in SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN)

Renaissance Technologies LLC increased its stake in SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) by 6.2% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 2,054,769 shares of the company’s stock after acquiring an additional 119,269 shares during the quarter. Renaissance Technologies LLC’s holdings in SPDR Blackstone Senior Loan ETF were worth $85,746,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bank of Nova Scotia increased its holdings in SPDR Blackstone Senior Loan ETF by 40.4% during the 4th quarter. Bank of Nova Scotia now owns 2,525,900 shares of the company’s stock worth $105,406,000 after purchasing an additional 726,645 shares during the period. Cerity Partners LLC raised its holdings in shares of SPDR Blackstone Senior Loan ETF by 13.2% in the fourth quarter. Cerity Partners LLC now owns 111,396 shares of the company’s stock valued at $4,649,000 after acquiring an additional 13,025 shares in the last quarter. Federated Hermes Inc. lifted its stake in SPDR Blackstone Senior Loan ETF by 34.5% in the fourth quarter. Federated Hermes Inc. now owns 507,000 shares of the company’s stock worth $21,157,000 after acquiring an additional 130,000 shares during the period. Envestnet Asset Management Inc. grew its holdings in SPDR Blackstone Senior Loan ETF by 29.4% during the 4th quarter. Envestnet Asset Management Inc. now owns 1,431,808 shares of the company’s stock worth $59,749,000 after acquiring an additional 325,153 shares in the last quarter. Finally, Wells Fargo & Company MN increased its position in SPDR Blackstone Senior Loan ETF by 63.0% during the 4th quarter. Wells Fargo & Company MN now owns 2,137,993 shares of the company’s stock valued at $89,218,000 after purchasing an additional 826,161 shares during the period.

SPDR Blackstone Senior Loan ETF Stock Performance

NYSEARCA:SRLN opened at $39.61 on Wednesday. The firm has a 50-day simple moving average of $41.27 and a 200-day simple moving average of $41.64. SPDR Blackstone Senior Loan ETF has a one year low of $39.08 and a one year high of $42.09.

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.