Raymond James Financial Inc. Takes $42.37 Million Position in SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN)

Raymond James Financial Inc. purchased a new stake in shares of SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 1,015,418 shares of the company’s stock, valued at approximately $42,373,000. Raymond James Financial Inc. owned approximately 0.74% of SPDR Blackstone Senior Loan ETF at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Ocean Park Asset Management LLC boosted its holdings in SPDR Blackstone Senior Loan ETF by 2,785.0% during the fourth quarter. Ocean Park Asset Management LLC now owns 7,825,634 shares of the company’s stock worth $326,564,000 after purchasing an additional 7,554,382 shares during the last quarter. JPMorgan Chase & Co. raised its position 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 purchasing an additional 2,235,560 shares during the period. State of New Jersey Common Pension Fund D purchased a new stake in shares of SPDR Blackstone Senior Loan ETF during the fourth quarter worth $64,682,000. American Century Companies Inc. purchased a new stake in SPDR Blackstone Senior Loan ETF during the 4th quarter worth about $43,309,000. Finally, Wells Fargo & Company MN boosted its position in shares of SPDR Blackstone Senior Loan ETF by 63.0% in the fourth quarter. Wells Fargo & Company MN now owns 2,137,993 shares of the company’s stock valued at $89,218,000 after acquiring an additional 826,161 shares during the period.

SPDR Blackstone Senior Loan ETF Stock Performance

SRLN opened at $40.37 on Wednesday. The company has a fifty day moving average price of $41.09 and a 200-day moving average price of $41.58. SPDR Blackstone Senior Loan ETF has a one year low of $39.08 and a one year 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.