Capstone Wealth Management Group Inc. Makes New Investment in SPDR Blackstone Senior Loan ETF $SRLN

Capstone Wealth Management Group Inc. purchased a new position in shares of SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 32,915 shares of the company’s stock, valued at approximately $1,326,000. SPDR Blackstone Senior Loan ETF makes up about 0.8% of Capstone Wealth Management Group Inc.’s investment portfolio, making the stock its 25th biggest holding.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Iams Wealth Management LLC increased its position in shares of SPDR Blackstone Senior Loan ETF by 4.2% in the 4th quarter. Iams Wealth Management LLC now owns 6,014 shares of the company’s stock valued at $248,000 after buying an additional 244 shares in the last quarter. Perissos Private Wealth Management LLC raised its stake in SPDR Blackstone Senior Loan ETF by 0.4% during the 3rd quarter. Perissos Private Wealth Management LLC now owns 61,928 shares of the company’s stock worth $2,575,000 after buying an additional 245 shares during the period. Cumberland Partners Ltd lifted its holdings in SPDR Blackstone Senior Loan ETF by 3.1% during the fourth quarter. Cumberland Partners Ltd now owns 8,324 shares of the company’s stock worth $344,000 after acquiring an additional 250 shares in the last quarter. Flagstar Advisors Inc. lifted its holdings in SPDR Blackstone Senior Loan ETF by 1.2% during the first quarter. Flagstar Advisors Inc. now owns 22,316 shares of the company’s stock worth $896,000 after acquiring an additional 257 shares in the last quarter. Finally, Bank of Marin grew its stake in SPDR Blackstone Senior Loan ETF by 3.2% in the fourth quarter. Bank of Marin now owns 9,468 shares of the company’s stock valued at $391,000 after acquiring an additional 297 shares during the period.

SPDR Blackstone Senior Loan ETF Price Performance

NYSEARCA:SRLN opened at $40.60 on Friday. SPDR Blackstone Senior Loan ETF has a 1 year low of $39.39 and a 1 year high of $41.63. The stock has a 50-day moving average price of $40.32 and a two-hundred day moving average price of $40.36.

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.