Balboa Wealth Partners Grows Position in SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN)

Balboa Wealth Partners raised its position in SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) by 49.9% in the first quarter, Holdings Channel reports. The fund owned 10,489 shares of the company’s stock after buying an additional 3,491 shares during the period. Balboa Wealth Partners’ holdings in SPDR Blackstone Senior Loan ETF were worth $431,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Pacific Asset Management LLC increased its holdings in SPDR Blackstone Senior Loan ETF by 1.7% in the third quarter. Pacific Asset Management LLC now owns 1,454,662 shares of the company’s stock valued at $60,747,000 after buying an additional 24,172 shares during the last quarter. Truist Financial Corp boosted its stake in SPDR Blackstone Senior Loan ETF by 47.7% in the fourth quarter. Truist Financial Corp now owns 122,582 shares of the company’s stock valued at $5,115,000 after acquiring an additional 39,603 shares in the last quarter. Sigma Planning Corp increased its position in shares of SPDR Blackstone Senior Loan ETF by 9.1% during the fourth quarter. Sigma Planning Corp now owns 44,835 shares of the company’s stock worth $1,871,000 after purchasing an additional 3,728 shares in the last quarter. First Horizon Advisors Inc. increased its position in shares of SPDR Blackstone Senior Loan ETF by 170.0% during the fourth quarter. First Horizon Advisors Inc. now owns 845 shares of the company’s stock worth $35,000 after purchasing an additional 532 shares in the last quarter. Finally, Dover Advisors LLC acquired a new stake in shares of SPDR Blackstone Senior Loan ETF in the 4th quarter valued at about $609,000.

SPDR Blackstone Senior Loan ETF Price Performance

SRLN stock opened at $41.28 on Tuesday. The business has a 50 day simple moving average of $41.01 and a 200-day simple moving average of $41.30. SPDR Blackstone Senior Loan ETF has a twelve month low of $39.08 and a twelve month high of $42.09.

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.