Blackstone Senior Floating Rate 2027 Term Fund (NYSE:BSL) Shares Pass Above Two Hundred Day Moving Average of $12.75

Blackstone Senior Floating Rate 2027 Term Fund (NYSE:BSL)’s stock price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $12.75 and traded as high as $13.23. Blackstone Senior Floating Rate 2027 Term Fund shares last traded at $13.16, with a volume of 67,400 shares.

Blackstone Senior Floating Rate 2027 Term Fund Stock Performance

The stock has a 50-day moving average of $13.02 and a 200-day moving average of $12.75.

Blackstone Senior Floating Rate 2027 Term Fund Announces Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, August 31st. Investors of record on Thursday, August 24th were given a dividend of $0.109 per share. This represents a $1.31 dividend on an annualized basis and a yield of 9.94%. The ex-dividend date of this dividend was Wednesday, August 23rd.

Insider Buying and Selling

In related news, Portfolio Manager Gordon Mckemie purchased 4,000 shares of Blackstone Senior Floating Rate 2027 Term Fund stock in a transaction that occurred on Thursday, June 22nd. The shares were acquired at an average price of $12.48 per share, with a total value of $49,920.00. Following the completion of the transaction, the portfolio manager now directly owns 4,000 shares of the company’s stock, valued at approximately $49,920. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Institutional Investors Weigh In On Blackstone Senior Floating Rate 2027 Term Fund

Large investors have recently modified their holdings of the business. Signaturefd LLC acquired a new stake in shares of Blackstone Senior Floating Rate 2027 Term Fund in the 2nd quarter valued at $27,000. BNP Paribas Arbitrage SNC acquired a new stake in shares of Blackstone Senior Floating Rate 2027 Term Fund during the 3rd quarter valued at $41,000. GPS Wealth Strategies Group LLC acquired a new stake in shares of Blackstone Senior Floating Rate 2027 Term Fund during the 1st quarter valued at $56,000. Spire Wealth Management acquired a new stake in shares of Blackstone Senior Floating Rate 2027 Term Fund during the 1st quarter valued at $76,000. Finally, Cetera Investment Advisers acquired a new stake in shares of Blackstone Senior Floating Rate 2027 Term Fund during the 1st quarter valued at $127,000.

Blackstone Senior Floating Rate 2027 Term Fund Company Profile

Blackstone Senior Floating Rate 2027 Term Fund is a closed-ended fixed income mutual fund launched by The Blackstone Group L.P. It is managed by GSO / Blackstone Debt Funds Management LLC. The fund invests in the fixed income markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors.