HighTower Advisors LLC Boosts Stock Position in SPDR Blackstone Senior Loan ETF $SRLN

HighTower Advisors LLC boosted its position in SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) by 15.9% in the third quarter, HoldingsChannel.com reports. The firm owned 866,124 shares of the company’s stock after acquiring an additional 119,041 shares during the period. HighTower Advisors LLC’s holdings in SPDR Blackstone Senior Loan ETF were worth $36,014,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the company. Bank of America Corp DE raised its stake in shares of SPDR Blackstone Senior Loan ETF by 14.5% during the 2nd quarter. Bank of America Corp DE now owns 13,282,946 shares of the company’s stock worth $552,438,000 after acquiring an additional 1,686,876 shares in the last quarter. State Street Corp grew its holdings in SPDR Blackstone Senior Loan ETF by 0.5% in the second quarter. State Street Corp now owns 3,225,320 shares of the company’s stock worth $134,141,000 after purchasing an additional 15,877 shares during the last quarter. Advisory Alpha LLC increased its position in shares of SPDR Blackstone Senior Loan ETF by 5.3% during the second quarter. Advisory Alpha LLC now owns 1,665,176 shares of the company’s stock worth $69,255,000 after purchasing an additional 84,361 shares in the last quarter. 1832 Asset Management L.P. increased its position in shares of SPDR Blackstone Senior Loan ETF by 4.5% during the second quarter. 1832 Asset Management L.P. now owns 1,077,964 shares of the company’s stock worth $44,833,000 after purchasing an additional 45,976 shares in the last quarter. Finally, CNO Financial Group Inc. lifted its holdings in shares of SPDR Blackstone Senior Loan ETF by 141.5% during the 2nd quarter. CNO Financial Group Inc. now owns 862,000 shares of the company’s stock valued at $35,851,000 after purchasing an additional 505,000 shares during the last quarter.

SPDR Blackstone Senior Loan ETF Price Performance

SPDR Blackstone Senior Loan ETF stock opened at $40.61 on Wednesday. SPDR Blackstone Senior Loan ETF has a 1-year low of $39.08 and a 1-year high of $41.80. The business has a fifty day moving average price of $41.14 and a 200-day moving average price of $41.30.

SPDR Blackstone Senior Loan ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were issued a $0.2478 dividend. This represents a c) annualized dividend and a yield of 7.3%. The ex-dividend date of this dividend was Monday, February 2nd.

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.