Pallas Capital Advisors LLC Purchases 16,541 Shares of SPDR Blackstone Senior Loan ETF $SRLN

Pallas Capital Advisors LLC boosted its holdings in shares of SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) by 75.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 38,342 shares of the company’s stock after acquiring an additional 16,541 shares during the period. Pallas Capital Advisors LLC’s holdings in SPDR Blackstone Senior Loan ETF were worth $1,582,000 as of its most recent filing with the Securities and Exchange Commission.

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

SPDR Blackstone Senior Loan ETF Price Performance

NYSEARCA SRLN opened at $39.90 on Monday. The business has a 50 day simple moving average of $40.47 and a 200 day simple moving average of $41.03. SPDR Blackstone Senior Loan ETF has a 52-week low of $39.08 and a 52-week high of $41.67.

SPDR Blackstone Senior Loan ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were given 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 dividend yield of 6.8%.

SPDR Blackstone Senior Loan ETF 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.