1607 Capital Partners LLC Buys 31,700 Shares of SPDR Blackstone Senior Loan ETF $SRLN

1607 Capital Partners LLC increased its stake in shares of SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) by 24.2% during the third quarter, according to its most recent filing with the SEC. The institutional investor owned 162,658 shares of the company’s stock after purchasing an additional 31,700 shares during the period. 1607 Capital Partners LLC owned 0.10% of SPDR Blackstone Senior Loan ETF worth $6,763,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the stock. Planned Solutions Inc. boosted its position in shares of SPDR Blackstone Senior Loan ETF by 2.7% in the third quarter. Planned Solutions Inc. now owns 9,131 shares of the company’s stock valued at $380,000 after acquiring an additional 244 shares during the period. Perissos Private Wealth Management LLC increased its holdings in SPDR Blackstone Senior Loan ETF by 0.4% during the 3rd quarter. Perissos Private Wealth Management LLC now owns 61,928 shares of the company’s stock worth $2,575,000 after acquiring an additional 245 shares during the period. Northwestern Mutual Wealth Management Co. increased its holdings in SPDR Blackstone Senior Loan ETF by 4.9% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 5,323 shares of the company’s stock worth $221,000 after acquiring an additional 247 shares during the period. Elevation Point Wealth Partners LLC lifted its stake in SPDR Blackstone Senior Loan ETF by 2.5% in the 2nd quarter. Elevation Point Wealth Partners LLC now owns 10,537 shares of the company’s stock worth $438,000 after purchasing an additional 255 shares in the last quarter. Finally, Balboa Wealth Partners boosted its holdings in SPDR Blackstone Senior Loan ETF by 2.4% in the 3rd quarter. Balboa Wealth Partners now owns 11,112 shares of the company’s stock valued at $462,000 after purchasing an additional 257 shares during the period.

SPDR Blackstone Senior Loan ETF Stock Performance

SRLN opened at $39.94 on Friday. The company has a fifty day moving average price of $40.73 and a 200-day moving average price of $41.13. SPDR Blackstone Senior Loan ETF has a one year low of $39.08 and a one year high of $41.67.

SPDR Blackstone Senior Loan ETF Cuts Dividend

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

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.