Fragasso Financial Advisors Inc Buys 14,879 Shares of SPDR Blackstone Senior Loan ETF $SRLN

Fragasso Financial Advisors Inc boosted its stake in SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) by 7.2% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 221,443 shares of the company’s stock after purchasing an additional 14,879 shares during the quarter. SPDR Blackstone Senior Loan ETF comprises 0.6% of Fragasso Financial Advisors Inc’s investment portfolio, making the stock its 21st biggest position. Fragasso Financial Advisors Inc owned 0.13% of SPDR Blackstone Senior Loan ETF worth $9,161,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. MeadowBrook Investment Advisors LLC bought a new position in SPDR Blackstone Senior Loan ETF in the 2nd quarter valued at about $33,000. Smartleaf Asset Management LLC lifted its holdings in shares of SPDR Blackstone Senior Loan ETF by 177.7% during the 1st quarter. Smartleaf Asset Management LLC now owns 1,011 shares of the company’s stock worth $42,000 after acquiring an additional 647 shares during the period. Twin Peaks Wealth Advisors LLC acquired a new stake in shares of SPDR Blackstone Senior Loan ETF during the 2nd quarter worth approximately $69,000. Hollencrest Capital Management increased its stake in SPDR Blackstone Senior Loan ETF by 12.7% in the second quarter. Hollencrest Capital Management now owns 2,540 shares of the company’s stock valued at $106,000 after acquiring an additional 286 shares during the last quarter. Finally, Elios Financial Group Inc. bought a new position in SPDR Blackstone Senior Loan ETF in the second quarter valued at approximately $203,000.

SPDR Blackstone Senior Loan ETF Stock Performance

NYSEARCA SRLN opened at $41.35 on Wednesday. The business has a fifty day moving average price of $41.30 and a two-hundred day moving average price of $41.39. SPDR Blackstone Senior Loan ETF has a fifty-two week low of $39.08 and a fifty-two week high of $42.03.

About SPDR Blackstone Senior Loan ETF

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.