56,492 Shares in SPDR Blackstone Senior Loan ETF $SRLN Bought by Maridea Wealth Management LLC

Maridea Wealth Management LLC bought a new stake in shares of SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) in the 3rd quarter, Holdings Channel reports. The institutional investor bought 56,492 shares of the company’s stock, valued at approximately $2,331,000.

Several other hedge funds have also bought and sold shares of SRLN. MeadowBrook Investment Advisors LLC bought a new position in shares of SPDR Blackstone Senior Loan ETF during the 2nd quarter valued at about $33,000. GPS Wealth Strategies Group LLC increased its holdings in shares of SPDR Blackstone Senior Loan ETF by 1,749.1% in the third 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. Twin Peaks Wealth Advisors LLC purchased a new stake in shares of SPDR Blackstone Senior Loan ETF in the second quarter worth about $69,000. Hollencrest Capital Management boosted its stake in SPDR Blackstone Senior Loan ETF by 12.7% during the second quarter. Hollencrest Capital Management now owns 2,540 shares of the company’s stock valued at $106,000 after buying an additional 286 shares during the last quarter. Finally, Smartleaf Asset Management LLC boosted its stake in SPDR Blackstone Senior Loan ETF by 351.0% during the second quarter. Smartleaf Asset Management LLC now owns 4,560 shares of the company’s stock valued at $190,000 after buying an additional 3,549 shares during the last quarter.

SPDR Blackstone Senior Loan ETF Stock Down 0.0%

Shares of SRLN opened at $40.61 on Wednesday. SPDR Blackstone Senior Loan ETF has a 1 year low of $39.08 and a 1 year high of $41.80. The business’s 50 day simple moving average is $41.14 and its 200-day simple moving average is $41.30.

SPDR Blackstone Senior Loan ETF Cuts Dividend

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