O Connor Financial Group LLC boosted its holdings in shares of SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN – Free Report) by 3.0% in the first quarter, Holdings Channel reports. The firm owned 153,422 shares of the company’s stock after purchasing an additional 4,538 shares during the quarter. SPDR Blackstone Senior Loan ETF comprises about 3.3% of O Connor Financial Group LLC’s portfolio, making the stock its 11th biggest holding. O Connor Financial Group LLC’s holdings in SPDR Blackstone Senior Loan ETF were worth $6,310,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Ocean Park Asset Management LLC raised its stake in shares of SPDR Blackstone Senior Loan ETF by 2,785.0% in the fourth quarter. Ocean Park Asset Management LLC now owns 7,825,634 shares of the company’s stock valued at $326,564,000 after acquiring an additional 7,554,382 shares during the last quarter. Lord Abbett & CO. LLC raised its stake in shares of SPDR Blackstone Senior Loan ETF by 436.0% in the fourth quarter. Lord Abbett & CO. LLC now owns 3,387,056 shares of the company’s stock valued at $141,342,000 after acquiring an additional 2,755,100 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of SPDR Blackstone Senior Loan ETF by 69,298.2% in the fourth quarter. JPMorgan Chase & Co. now owns 2,238,786 shares of the company’s stock valued at $93,425,000 after acquiring an additional 2,235,560 shares during the last quarter. State of Tennessee Department of Treasury raised its stake in shares of SPDR Blackstone Senior Loan ETF by 55.9% in the fourth quarter. State of Tennessee Department of Treasury now owns 5,938,464 shares of the company’s stock valued at $247,812,000 after acquiring an additional 2,130,217 shares during the last quarter. Finally, State of New Jersey Common Pension Fund D bought a new position in shares of SPDR Blackstone Senior Loan ETF in the fourth quarter valued at approximately $64,682,000.
SPDR Blackstone Senior Loan ETF Trading Up 0.1%
NYSEARCA:SRLN opened at $41.37 on Friday. SPDR Blackstone Senior Loan ETF has a 1 year low of $39.08 and a 1 year high of $42.09. The firm has a 50 day moving average of $40.75 and a 200-day moving average of $41.39.
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.
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