SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) is Sagace Wealth Management LLC’s 3rd Largest Position

Sagace Wealth Management LLC lifted its position in shares of SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) by 273.8% during the 4th quarter, HoldingsChannel reports. The fund owned 204,963 shares of the company’s stock after purchasing an additional 150,125 shares during the period. SPDR Blackstone Senior Loan ETF accounts for 6.4% of Sagace Wealth Management LLC’s portfolio, making the stock its 3rd biggest position. Sagace Wealth Management LLC’s holdings in SPDR Blackstone Senior Loan ETF were worth $8,553,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently modified their holdings of the company. Continuum Advisory LLC increased its stake in shares of SPDR Blackstone Senior Loan ETF by 269.9% during the third quarter. Continuum Advisory LLC now owns 640 shares of the company’s stock worth $27,000 after purchasing an additional 467 shares in the last quarter. Avior Wealth Management LLC lifted its stake in shares of 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 worth $43,000 after buying an additional 705 shares in the last quarter. Legacy Investment Solutions LLC acquired a new position in SPDR Blackstone Senior Loan ETF during the third quarter worth about $66,000. Matrix Trust Co purchased a new stake in SPDR Blackstone Senior Loan ETF during the 3rd quarter valued at about $68,000. Finally, Future Financial Wealth Managment LLC acquired a new stake in SPDR Blackstone Senior Loan ETF in the 3rd quarter valued at about $88,000.

SPDR Blackstone Senior Loan ETF Stock Performance

SRLN stock opened at $41.90 on Thursday. SPDR Blackstone Senior Loan ETF has a 1 year low of $40.71 and a 1 year high of $42.13. The business has a 50 day simple moving average of $41.86 and a 200-day simple moving average of $41.73.

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.