Bank of New York Mellon Corp Sells 153,910 Shares of SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN)

Bank of New York Mellon Corp cut its stake in shares of SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) by 27.3% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 410,694 shares of the company’s stock after selling 153,910 shares during the quarter. Bank of New York Mellon Corp owned approximately 0.26% of SPDR Blackstone Senior Loan ETF worth $16,892,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. Lord Abbett & CO. LLC raised its holdings in shares of SPDR Blackstone Senior Loan ETF by 436.0% during the 4th quarter. Lord Abbett & CO. LLC now owns 3,387,056 shares of the company’s stock worth $141,342,000 after acquiring an additional 2,755,100 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of SPDR Blackstone Senior Loan ETF by 69,298.2% during the 4th quarter. JPMorgan Chase & Co. now owns 2,238,786 shares of the company’s stock worth $93,425,000 after acquiring an additional 2,235,560 shares in the last quarter. State of Tennessee Department of Treasury raised its holdings in shares of SPDR Blackstone Senior Loan ETF by 55.9% during the 4th quarter. State of Tennessee Department of Treasury now owns 5,938,464 shares of the company’s stock worth $247,812,000 after acquiring an additional 2,130,217 shares in the last quarter. American Century Companies Inc. purchased a new stake in shares of SPDR Blackstone Senior Loan ETF during the 4th quarter worth approximately $43,309,000. Finally, Raymond James Financial Inc. purchased a new stake in shares of SPDR Blackstone Senior Loan ETF during the 4th quarter worth approximately $42,373,000.

SPDR Blackstone Senior Loan ETF Stock Up 0.1%

Shares of SRLN opened at $41.57 on Friday. The business’s 50 day simple moving average is $41.33 and its 200-day simple moving average is $41.27. SPDR Blackstone Senior Loan ETF has a 1 year low of $39.08 and a 1 year high of $42.09.

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.