US Bancorp DE Trims Stake in SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN)

US Bancorp DE lowered its holdings in shares of SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) by 99.9% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,205 shares of the company’s stock after selling 1,606,644 shares during the period. US Bancorp DE’s holdings in SPDR Blackstone Senior Loan ETF were worth $91,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the business. CoreCap Advisors LLC bought a new position in shares of SPDR Blackstone Senior Loan ETF in the fourth quarter worth approximately $25,000. Harbor Investment Advisory LLC purchased a new stake in shares of SPDR Blackstone Senior Loan ETF in the first quarter worth $26,000. Ridgewood Investments LLC purchased a new stake in shares of SPDR Blackstone Senior Loan ETF in the first quarter worth $33,000. FSC Wealth Advisors LLC boosted its position in shares of SPDR Blackstone Senior Loan ETF by 92.8% during the first quarter. FSC Wealth Advisors LLC now owns 2,323 shares of the company’s stock worth $96,000 after acquiring an additional 1,118 shares during the last quarter. Finally, Fortis Capital Advisors LLC bought a new position in shares of SPDR Blackstone Senior Loan ETF during the fourth quarter worth $100,000.

SPDR Blackstone Senior Loan ETF Stock Performance

Shares of NYSEARCA:SRLN opened at $42.12 on Friday. SPDR Blackstone Senior Loan ETF has a fifty-two week low of $40.42 and a fifty-two week high of $43.00. The firm has a fifty day moving average price of $41.75 and a 200 day moving average price of $41.46.

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.