Diversify Advisory Services LLC Purchases New Position in SPDR Blackstone Senior Loan ETF $SRLN

Diversify Advisory Services LLC purchased a new position in SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 14,417 shares of the company’s stock, valued at approximately $595,000.

A number of other hedge funds also recently bought and sold shares of SRLN. Bank of New York Mellon Corp raised its stake in shares of SPDR Blackstone Senior Loan ETF by 45.7% during the 2nd quarter. Bank of New York Mellon Corp now owns 598,527 shares of the company’s stock worth $24,893,000 after buying an additional 187,833 shares during the period. Midwest Trust Co acquired a new stake in SPDR Blackstone Senior Loan ETF in the 2nd quarter valued at $308,000. SBI Securities Co. Ltd. grew its stake in SPDR Blackstone Senior Loan ETF by 13.8% in the 2nd quarter. SBI Securities Co. Ltd. now owns 16,015 shares of the company’s stock valued at $666,000 after acquiring an additional 1,943 shares during the period. CNO Financial Group Inc. increased its holdings in SPDR Blackstone Senior Loan ETF by 141.5% in the 2nd quarter. CNO Financial Group Inc. now owns 862,000 shares of the company’s stock worth $35,851,000 after acquiring an additional 505,000 shares in the last quarter. Finally, Hibernia Wealth Partners LLC increased its holdings in SPDR Blackstone Senior Loan ETF by 98.8% in the 2nd quarter. Hibernia Wealth Partners LLC now owns 68,346 shares of the company’s stock worth $2,842,000 after acquiring an additional 33,961 shares in the last quarter.

SPDR Blackstone Senior Loan ETF Stock Performance

NYSEARCA:SRLN opened at $39.99 on Friday. SPDR Blackstone Senior Loan ETF has a fifty-two week low of $39.08 and a fifty-two week high of $41.67. The company has a fifty day moving average of $40.75 and a two-hundred day moving average of $41.15.

SPDR Blackstone Senior Loan ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were given a dividend of $0.2277 per share. This represents a c) annualized dividend and a dividend yield of 6.8%. The ex-dividend date was Monday, March 2nd.

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.