Synovus Financial Corp Makes New Investment in SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN)

Synovus Financial Corp acquired a new stake in SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 5,280 shares of the company’s stock, valued at approximately $220,000.

Several other institutional investors and hedge funds also recently made changes to their positions in SRLN. Healthcare of Ontario Pension Plan Trust Fund purchased a new stake in SPDR Blackstone Senior Loan ETF during the third quarter valued at about $470,588,000. Arizona PSPRS Trust bought a new stake in shares of SPDR Blackstone Senior Loan ETF in the 2nd quarter valued at about $308,145,000. International Assets Investment Management LLC boosted its holdings in SPDR Blackstone Senior Loan ETF by 3,930.2% during the 3rd quarter. International Assets Investment Management LLC now owns 2,409,530 shares of the company’s stock valued at $100,622,000 after acquiring an additional 2,349,743 shares during the period. 1832 Asset Management L.P. bought a new position in SPDR Blackstone Senior Loan ETF during the 2nd quarter worth approximately $43,599,000. Finally, Aristotle Pacific Capital LLC increased its stake in SPDR Blackstone Senior Loan ETF by 140.0% in the 2nd quarter. Aristotle Pacific Capital LLC now owns 1,430,490 shares of the company’s stock worth $59,794,000 after purchasing an additional 834,385 shares during the period.

SPDR Blackstone Senior Loan ETF Price Performance

NYSEARCA:SRLN opened at $41.56 on Friday. SPDR Blackstone Senior Loan ETF has a fifty-two week low of $40.71 and a fifty-two week high of $42.13. The business has a 50 day moving average price of $41.89 and a 200-day moving average price 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.