ACT Advisors LLC. Invests $8.47 Million in SPDR Blackstone Senior Loan ETF $SRLN

ACT Advisors LLC. purchased a new position in SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 205,284 shares of the company’s stock, valued at approximately $8,472,000. SPDR Blackstone Senior Loan ETF accounts for about 3.3% of ACT Advisors LLC.’s investment portfolio, making the stock its 11th biggest holding. ACT Advisors LLC. owned 0.13% of SPDR Blackstone Senior Loan ETF at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of SRLN. GPS Wealth Strategies Group LLC raised its position in shares of SPDR Blackstone Senior Loan ETF by 1,749.1% during the 3rd quarter. GPS Wealth Strategies Group LLC now owns 1,017 shares of the company’s stock worth $42,000 after purchasing an additional 962 shares during the last quarter. Triumph Capital Management acquired a new stake in SPDR Blackstone Senior Loan ETF in the 3rd quarter worth about $54,000. Ancora Advisors LLC boosted its holdings in SPDR Blackstone Senior Loan ETF by 42.3% in the 3rd quarter. Ancora Advisors LLC now owns 1,540 shares of the company’s stock worth $64,000 after buying an additional 458 shares during the last quarter. Stance Capital LLC purchased a new position in shares of SPDR Blackstone Senior Loan ETF in the third quarter valued at approximately $67,000. Finally, Twin Peaks Wealth Advisors LLC purchased a new position in shares of SPDR Blackstone Senior Loan ETF in the second quarter valued at approximately $69,000.

SPDR Blackstone Senior Loan ETF Stock Down 0.5%

Shares of NYSEARCA:SRLN opened at $39.90 on Friday. SPDR Blackstone Senior Loan ETF has a 1 year low of $39.08 and a 1 year high of $41.67. The business’s 50 day moving average price is $40.47 and its 200-day moving average price is $41.04.

SPDR Blackstone Senior Loan ETF Cuts Dividend

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