Baker Avenue Asset Management LP Has $5.08 Million Stock Position in SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN)

Baker Avenue Asset Management LP increased its position in shares of SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) by 4.0% during the third quarter, Holdings Channel reports. The institutional investor owned 121,643 shares of the company’s stock after purchasing an additional 4,707 shares during the period. Baker Avenue Asset Management LP’s holdings in SPDR Blackstone Senior Loan ETF were worth $5,080,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in SRLN. Atomi Financial Group Inc. acquired a new position in SPDR Blackstone Senior Loan ETF during the 1st quarter worth approximately $348,000. Choate Investment Advisors purchased a new stake in shares of SPDR Blackstone Senior Loan ETF in the first quarter worth approximately $419,000. Verus Capital Partners LLC raised its stake in shares of SPDR Blackstone Senior Loan ETF by 3.8% in the first quarter. Verus Capital Partners LLC now owns 47,210 shares of the company’s stock worth $1,988,000 after purchasing an additional 1,748 shares during the last quarter. Donoghue Forlines LLC raised its stake in shares of SPDR Blackstone Senior Loan ETF by 57.4% in the first quarter. Donoghue Forlines LLC now owns 362,120 shares of the company’s stock worth $15,249,000 after purchasing an additional 132,093 shares during the last quarter. Finally, Legacy Capital Group California Inc. raised its stake in shares of SPDR Blackstone Senior Loan ETF by 236.0% in the first quarter. Legacy Capital Group California Inc. now owns 62,541 shares of the company’s stock worth $2,634,000 after purchasing an additional 43,928 shares during the last quarter.

SPDR Blackstone Senior Loan ETF Stock Performance

Shares of SPDR Blackstone Senior Loan ETF stock traded up $0.06 on Friday, hitting $41.90. The company had a trading volume of 8,309,119 shares, compared to its average volume of 3,472,255. SPDR Blackstone Senior Loan ETF has a 1 year low of $40.71 and a 1 year high of $42.13. The stock has a 50 day moving average of $41.74 and a 200-day moving average of $41.75.

SPDR Blackstone Senior Loan ETF Company 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.