SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) Shares Purchased by Drive Wealth Management LLC

Drive Wealth Management LLC increased its position in SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) by 10.4% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 197,269 shares of the company’s stock after purchasing an additional 18,654 shares during the period. SPDR Blackstone Senior Loan ETF comprises about 2.0% of Drive Wealth Management LLC’s investment portfolio, making the stock its 10th biggest holding. Drive Wealth Management LLC owned 0.14% of SPDR Blackstone Senior Loan ETF worth $8,232,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Continuum Advisory LLC lifted its position in SPDR Blackstone Senior Loan ETF by 269.9% in the 3rd quarter. Continuum Advisory LLC now owns 640 shares of the company’s stock worth $27,000 after buying an additional 467 shares in the last quarter. Global Trust Asset Management LLC purchased a new stake in SPDR Blackstone Senior Loan ETF in the 4th quarter worth approximately $30,000. Avior Wealth Management LLC lifted its position 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. Legacy Investment Solutions LLC purchased a new stake in SPDR Blackstone Senior Loan ETF in the 3rd quarter worth approximately $66,000. Finally, Matrix Trust Co purchased a new stake in SPDR Blackstone Senior Loan ETF in the 3rd quarter worth approximately $68,000.

SPDR Blackstone Senior Loan ETF Trading Up 0.1 %

SRLN stock opened at $41.99 on Monday. The company has a 50 day moving average of $41.87 and a two-hundred day moving average of $41.75. SPDR Blackstone Senior Loan ETF has a 12-month low of $40.71 and a 12-month high of $42.13.

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.