Bbjs Financial Advisors LLC Takes Position in SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN)

Bbjs Financial Advisors LLC acquired a new stake in shares of SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) during the 3rd quarter, Holdings Channel reports. The fund acquired 55,331 shares of the company’s stock, valued at approximately $2,311,000. SPDR Blackstone Senior Loan ETF accounts for 0.8% of Bbjs Financial Advisors LLC’s portfolio, making the stock its 25th largest holding.

Several other institutional investors and hedge funds have also recently modified their holdings of SRLN. Arizona PSPRS Trust bought a new stake in SPDR Blackstone Senior Loan ETF in the 2nd quarter valued at $308,145,000. BNP Paribas Financial Markets increased its holdings in SPDR Blackstone Senior Loan ETF by 338.4% in the 1st quarter. BNP Paribas Financial Markets now owns 2,588,299 shares of the company’s stock valued at $108,993,000 after acquiring an additional 1,997,841 shares during the last quarter. Jane Street Group LLC increased its holdings in SPDR Blackstone Senior Loan ETF by 234.9% in the 1st quarter. Jane Street Group LLC now owns 2,419,362 shares of the company’s stock valued at $101,879,000 after acquiring an additional 1,696,862 shares during the last quarter. GE Investment Management CORP. bought a new stake in SPDR Blackstone Senior Loan ETF in the 1st quarter valued at $48,782,000. Finally, 1832 Asset Management L.P. bought a new stake in SPDR Blackstone Senior Loan ETF in the 2nd quarter valued at $43,599,000.

SPDR Blackstone Senior Loan ETF Stock Performance

NYSEARCA SRLN traded down $0.01 on Tuesday, reaching $41.85. The company had a trading volume of 3,373,608 shares, compared to its average volume of 3,368,617. The firm’s 50 day moving average price is $41.62 and its 200 day moving average price is $41.74. SPDR Blackstone Senior Loan ETF has a 12 month low of $40.71 and a 12 month high of $42.13.

About SPDR Blackstone Senior Loan ETF

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.