Blackstone Senior Floating Rate 2027 Term Fund (NYSE:BSL) Stock Crosses Above Two Hundred Day Moving Average of $13.54

Blackstone Senior Floating Rate 2027 Term Fund (NYSE:BSL) shares passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $13.54 and traded as high as $14.36. Blackstone Senior Floating Rate 2027 Term Fund shares last traded at $14.26, with a volume of 54,352 shares changing hands.

Blackstone Senior Floating Rate 2027 Term Fund Stock Down 0.5 %

The stock has a fifty day moving average price of $14.20 and a 200-day moving average price of $13.54.

Blackstone Senior Floating Rate 2027 Term Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, May 31st. Stockholders of record on Thursday, May 23rd will be issued a $0.114 dividend. The ex-dividend date of this dividend is Wednesday, May 22nd. This represents a $1.37 dividend on an annualized basis and a dividend yield of 9.59%.

Institutional Trading of Blackstone Senior Floating Rate 2027 Term Fund

A number of hedge funds have recently modified their holdings of the business. Leavell Investment Management Inc. lifted its holdings in shares of Blackstone Senior Floating Rate 2027 Term Fund by 14.1% in the first quarter. Leavell Investment Management Inc. now owns 138,300 shares of the company’s stock valued at $1,982,000 after purchasing an additional 17,100 shares in the last quarter. Future Financial Wealth Managment LLC acquired a new stake in shares of Blackstone Senior Floating Rate 2027 Term Fund during the 1st quarter valued at about $60,000. Jones Road Capital Management L.P. lifted its holdings in shares of Blackstone Senior Floating Rate 2027 Term Fund by 166.6% during the 4th quarter. Jones Road Capital Management L.P. now owns 106,642 shares of the company’s stock valued at $1,424,000 after buying an additional 66,642 shares during the last quarter. Steward Partners Investment Advisory LLC lifted its holdings in Blackstone Senior Floating Rate 2027 Term Fund by 1.6% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 69,553 shares of the company’s stock worth $929,000 after purchasing an additional 1,098 shares during the last quarter. Finally, Ieq Capital LLC acquired a new stake in Blackstone Senior Floating Rate 2027 Term Fund in the 4th quarter worth approximately $149,000.

About Blackstone Senior Floating Rate 2027 Term Fund

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.