SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) Shares Sold by Destiny Wealth Partners LLC

Destiny Wealth Partners LLC reduced its stake in SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLNFree Report) by 5.2% during the 4th quarter, HoldingsChannel.com reports. The firm owned 251,912 shares of the company’s stock after selling 13,950 shares during the period. SPDR Blackstone Senior Loan ETF makes up 2.0% of Destiny Wealth Partners LLC’s investment portfolio, making the stock its 14th largest position. Destiny Wealth Partners LLC’s holdings in SPDR Blackstone Senior Loan ETF were worth $10,527,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Sei Investments Co. increased its position in shares of SPDR Blackstone Senior Loan ETF by 22.9% during the first quarter. Sei Investments Co. now owns 29,545 shares of the company’s stock worth $1,332,000 after purchasing an additional 5,499 shares in the last quarter. Baird Financial Group Inc. grew its stake in SPDR Blackstone Senior Loan ETF by 10.1% during the 1st quarter. Baird Financial Group Inc. now owns 135,243 shares of the company’s stock worth $6,081,000 after buying an additional 12,455 shares during the last quarter. NewEdge Advisors LLC increased its position in SPDR Blackstone Senior Loan ETF by 87.3% during the first quarter. NewEdge Advisors LLC now owns 166,615 shares of the company’s stock worth $7,491,000 after buying an additional 77,666 shares during the period. AJ Wealth Strategies LLC increased its position in SPDR Blackstone Senior Loan ETF by 22.3% during the first quarter. AJ Wealth Strategies LLC now owns 1,234,173 shares of the company’s stock worth $55,488,000 after buying an additional 224,820 shares during the period. Finally, Founders Financial Securities LLC lifted its stake in SPDR Blackstone Senior Loan ETF by 301.8% in the first quarter. Founders Financial Securities LLC now owns 33,534 shares of the company’s stock valued at $1,508,000 after buying an additional 25,189 shares during the last quarter.

SPDR Blackstone Senior Loan ETF Price Performance

SRLN stock opened at $42.11 on Friday. The business has a 50 day simple moving average of $41.91 and a 200-day simple moving average of $41.80. SPDR Blackstone Senior Loan ETF has a twelve month low of $40.76 and a twelve month high of $42.15.

SPDR Blackstone Senior Loan ETF Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, April 5th. Investors of record on Tuesday, April 2nd will be given a $0.3065 dividend. This is an increase from SPDR Blackstone Senior Loan ETF’s previous dividend of $0.29. The ex-dividend date is Monday, April 1st.

SPDR Blackstone Senior Loan ETF Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding SRLN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLNFree Report).

Institutional Ownership by Quarter for SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN)

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