SPDR Blackstone Senior Loan ETF $SRLN Shares Purchased by Beta Wealth Group Inc.

Beta Wealth Group Inc. increased its stake in shares of SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) by 31.0% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 160,272 shares of the company’s stock after buying an additional 37,941 shares during the period. SPDR Blackstone Senior Loan ETF comprises 2.6% of Beta Wealth Group Inc.’s portfolio, making the stock its 11th largest holding. Beta Wealth Group Inc. owned 0.10% of SPDR Blackstone Senior Loan ETF worth $6,664,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Stratos Wealth Partners LTD. grew its holdings in shares of SPDR Blackstone Senior Loan ETF by 5.5% in the 2nd quarter. Stratos Wealth Partners LTD. now owns 49,173 shares of the company’s stock worth $2,045,000 after acquiring an additional 2,546 shares during the period. Balboa Wealth Partners boosted its position in SPDR Blackstone Senior Loan ETF by 3.5% during the second quarter. Balboa Wealth Partners now owns 10,855 shares of the company’s stock worth $451,000 after purchasing an additional 366 shares in the last quarter. Stephens Inc. AR grew its holdings in SPDR Blackstone Senior Loan ETF by 10.7% in the second quarter. Stephens Inc. AR now owns 54,796 shares of the company’s stock valued at $2,279,000 after purchasing an additional 5,290 shares during the last quarter. Drive Wealth Management LLC increased its position in shares of SPDR Blackstone Senior Loan ETF by 10.2% in the second quarter. Drive Wealth Management LLC now owns 233,961 shares of the company’s stock valued at $9,730,000 after buying an additional 21,674 shares in the last quarter. Finally, Nottingham Advisors Inc. increased its position in shares of SPDR Blackstone Senior Loan ETF by 4.0% in the second quarter. Nottingham Advisors Inc. now owns 41,620 shares of the company’s stock valued at $1,731,000 after buying an additional 1,603 shares in the last quarter.

SPDR Blackstone Senior Loan ETF Trading Up 0.1%

SPDR Blackstone Senior Loan ETF stock opened at $40.62 on Tuesday. SPDR Blackstone Senior Loan ETF has a 52 week low of $39.08 and a 52 week high of $41.80. The firm’s 50-day simple moving average is $41.16 and its 200 day simple moving average is $41.31.

SPDR Blackstone Senior Loan ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were given a $0.2478 dividend. The ex-dividend date was Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 7.3%.

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.