SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) Stake Increased by Ocean Park Asset Management LLC

Ocean Park Asset Management LLC grew its stake in shares of SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) by 2,785.0% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 7,825,634 shares of the company’s stock after buying an additional 7,554,382 shares during the period. SPDR Blackstone Senior Loan ETF accounts for 11.1% of Ocean Park Asset Management LLC’s portfolio, making the stock its 4th largest position. Ocean Park Asset Management LLC owned approximately 0.06% of SPDR Blackstone Senior Loan ETF worth $326,564,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in SRLN. Quadrature Capital Ltd bought a new position in shares of SPDR Blackstone Senior Loan ETF during the 3rd quarter valued at $4,073,000. Private Advisor Group LLC grew its holdings in shares of SPDR Blackstone Senior Loan ETF by 13.8% during the 3rd quarter. Private Advisor Group LLC now owns 77,037 shares of the company’s stock valued at $3,217,000 after purchasing an additional 9,358 shares during the last quarter. Avaii Wealth Management LLC bought a new stake in SPDR Blackstone Senior Loan ETF in the 4th quarter worth $286,000. Financial Counselors Inc. grew its holdings in SPDR Blackstone Senior Loan ETF by 24.4% in the 3rd quarter. Financial Counselors Inc. now owns 10,192 shares of the company’s stock worth $426,000 after acquiring an additional 2,000 shares during the last quarter. Finally, Kennicott Capital Management LLC grew its holdings in SPDR Blackstone Senior Loan ETF by 12.2% in the 4th quarter. Kennicott Capital Management LLC now owns 13,446 shares of the company’s stock worth $561,000 after acquiring an additional 1,463 shares during the last quarter.

SPDR Blackstone Senior Loan ETF Price Performance

Shares of SPDR Blackstone Senior Loan ETF stock opened at $41.68 on Tuesday. SPDR Blackstone Senior Loan ETF has a 12-month low of $40.71 and a 12-month high of $42.13. The company’s fifty day simple moving average is $41.84 and its two-hundred day simple moving average is $41.76.

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.