Blackstone Senior Floating Rate 2027 Term Fund (NYSE:BSL) Stock Price Passes Above 200 Day Moving Average of $13.58

Blackstone Senior Floating Rate 2027 Term Fund (NYSE:BSL) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $13.58 and traded as high as $14.13. Blackstone Senior Floating Rate 2027 Term Fund shares last traded at $14.10, with a volume of 68,938 shares changing hands.

Blackstone Senior Floating Rate 2027 Term Fund Stock Up 0.5 %

The company’s 50 day moving average price is $14.23 and its 200 day moving average price is $13.59.

Blackstone Senior Floating Rate 2027 Term Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, May 31st. Shareholders of record on Thursday, May 23rd will be paid a dividend of $0.114 per share. The ex-dividend date is Wednesday, May 22nd. This represents a $1.37 annualized dividend and a yield of 9.65%.

Institutional Investors Weigh In On Blackstone Senior Floating Rate 2027 Term Fund

A number of hedge funds and other institutional investors have recently bought and sold shares of BSL. Future Financial Wealth Managment LLC acquired a new stake in shares of Blackstone Senior Floating Rate 2027 Term Fund in the first quarter valued at $60,000. Signaturefd LLC grew its holdings in Blackstone Senior Floating Rate 2027 Term Fund by 382.2% during the 4th quarter. Signaturefd LLC now owns 10,508 shares of the company’s stock worth $140,000 after acquiring an additional 8,329 shares during the last quarter. Gilliland Jeter Wealth Management LLC bought a new stake in Blackstone Senior Floating Rate 2027 Term Fund during the 4th quarter worth about $146,000. Ieq Capital LLC acquired a new stake in Blackstone Senior Floating Rate 2027 Term Fund in the 4th quarter valued at about $149,000. Finally, Avidian Wealth Solutions LLC bought a new position in shares of Blackstone Senior Floating Rate 2027 Term Fund in the first quarter worth about $166,000.

Blackstone Senior Floating Rate 2027 Term Fund Company Profile

Blackstone Senior Floating Rate 2027 Term Fund is a closed-ended fixed income mutual fund launched by The Blackstone Group L.P. It is managed by GSO / Blackstone Debt Funds Management LLC. The fund invests in the fixed income markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors.