BTS Asset Management Inc. Acquires New Position in SPDR Blackstone Senior Loan ETF $SRLN

BTS Asset Management Inc. acquired a new stake in SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 14,613 shares of the company’s stock, valued at approximately $603,000. SPDR Blackstone Senior Loan ETF accounts for 0.8% of BTS Asset Management Inc.’s investment portfolio, making the stock its 9th largest holding.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Bank of America Corp DE lifted its stake in shares of SPDR Blackstone Senior Loan ETF by 14.5% in the second quarter. Bank of America Corp DE now owns 13,282,946 shares of the company’s stock valued at $552,438,000 after purchasing an additional 1,686,876 shares during the period. Arizona PSPRS Trust raised its position in SPDR Blackstone Senior Loan ETF by 1.9% during the third quarter. Arizona PSPRS Trust now owns 8,149,736 shares of the company’s stock worth $338,866,000 after acquiring an additional 155,567 shares during the last quarter. State Street Corp raised its position in SPDR Blackstone Senior Loan ETF by 0.5% during the second quarter. State Street Corp now owns 3,225,320 shares of the company’s stock worth $134,141,000 after acquiring an additional 15,877 shares during the last quarter. UBS Group AG raised its position in SPDR Blackstone Senior Loan ETF by 85.3% during the third quarter. UBS Group AG now owns 2,806,257 shares of the company’s stock worth $116,684,000 after acquiring an additional 1,291,980 shares during the last quarter. Finally, Advisory Alpha LLC raised its position in SPDR Blackstone Senior Loan ETF by 7.2% during the third quarter. Advisory Alpha LLC now owns 1,785,037 shares of the company’s stock worth $73,776,000 after acquiring an additional 119,861 shares during the last quarter.

SPDR Blackstone Senior Loan ETF Stock Performance

Shares of SRLN opened at $40.37 on Thursday. The company has a 50-day moving average of $40.21 and a two-hundred day moving average of $40.91. SPDR Blackstone Senior Loan ETF has a 12-month low of $39.39 and a 12-month high of $41.67.

SPDR Blackstone Senior Loan ETF Company 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.