Lord Abbett & CO. LLC Lowers Stake in SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN)

Lord Abbett & CO. LLC lessened its stake in SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) by 34.0% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 631,956 shares of the company’s stock after selling 325,870 shares during the period. Lord Abbett & CO. LLC owned about 0.46% of SPDR Blackstone Senior Loan ETF worth $26,390,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Continuum Advisory LLC lifted its holdings in SPDR Blackstone Senior Loan ETF by 269.9% during 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. Ridgewood Investments LLC acquired a new stake in shares of SPDR Blackstone Senior Loan ETF in the second quarter valued at $33,000. Avior Wealth Management LLC boosted its holdings in SPDR Blackstone Senior Loan ETF by 214.3% in the third quarter. Avior Wealth Management LLC now owns 1,034 shares of the company’s stock valued at $43,000 after purchasing an additional 705 shares during the period. Legacy Investment Solutions LLC acquired a new position in SPDR Blackstone Senior Loan ETF during the 3rd quarter worth $66,000. Finally, Matrix Trust Co purchased a new stake in SPDR Blackstone Senior Loan ETF during the 3rd quarter worth about $68,000.

SPDR Blackstone Senior Loan ETF Trading Up 0.0 %

Shares of SRLN opened at $41.97 on Monday. 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 simple moving average of $41.87 and a 200-day simple moving average 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.