SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) Stake Lowered by Kovitz Investment Group Partners LLC

Kovitz Investment Group Partners LLC cut its stake in shares of SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) by 7.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,695 shares of the company’s stock after selling 719 shares during the quarter. Kovitz Investment Group Partners LLC’s holdings in SPDR Blackstone Senior Loan ETF were worth $363,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Ridgewood Investments LLC bought a new position in SPDR Blackstone Senior Loan ETF in the 2nd quarter worth approximately $33,000. Avior Wealth Management LLC grew its holdings in SPDR Blackstone Senior Loan ETF by 214.3% in the 3rd quarter. Avior Wealth Management LLC now owns 1,034 shares of the company’s stock worth $43,000 after buying an additional 705 shares in the last quarter. Matrix Trust Co bought a new position in SPDR Blackstone Senior Loan ETF in the 3rd quarter worth approximately $68,000. Future Financial Wealth Managment LLC bought a new position in SPDR Blackstone Senior Loan ETF in the 3rd quarter worth approximately $88,000. Finally, Scarborough Advisors LLC grew its holdings in SPDR Blackstone Senior Loan ETF by 22.9% in the 2nd quarter. Scarborough Advisors LLC now owns 2,427 shares of the company’s stock worth $101,000 after buying an additional 452 shares in the last quarter.

SPDR Blackstone Senior Loan ETF Price Performance

Shares of SRLN stock opened at $41.97 on Friday. SPDR Blackstone Senior Loan ETF has a 12-month low of $40.71 and a 12-month high of $42.13. The business has a 50 day simple moving average of $41.87 and a 200 day simple moving average of $41.74.

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.