Ocean Park Asset Management LLC Buys 1,887,300 Shares of SPDR Blackstone Senior Loan ETF $SRLN

Ocean Park Asset Management LLC grew its stake in SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) by 148.0% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,162,200 shares of the company’s stock after purchasing an additional 1,887,300 shares during the period. SPDR Blackstone Senior Loan ETF makes up about 6.1% of Ocean Park Asset Management LLC’s holdings, making the stock its 6th largest holding. Ocean Park Asset Management LLC owned approximately 2.44% of SPDR Blackstone Senior Loan ETF worth $127,405,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. boosted its position in shares of SPDR Blackstone Senior Loan ETF by 731.1% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 39,966 shares of the company’s stock valued at $1,649,000 after acquiring an additional 35,157 shares during the last quarter. BTS Asset Management Inc. acquired a new stake in SPDR Blackstone Senior Loan ETF during the fourth quarter worth about $603,000. Valeo Financial Advisors LLC acquired a new stake in SPDR Blackstone Senior Loan ETF during the fourth quarter worth about $1,009,000. WCG Wealth Advisors LLC purchased a new position in SPDR Blackstone Senior Loan ETF during the fourth quarter worth about $577,000. Finally, MRA Advisory Group raised its stake in SPDR Blackstone Senior Loan ETF by 5.6% during the first quarter. MRA Advisory Group now owns 252,778 shares of the company’s stock worth $10,147,000 after purchasing an additional 13,297 shares during the period.

SPDR Blackstone Senior Loan ETF Trading Up 0.1%

NYSEARCA:SRLN opened at $40.44 on Wednesday. The company’s 50-day moving average is $40.32 and its two-hundred day moving average is $40.38. SPDR Blackstone Senior Loan ETF has a 1-year low of $39.39 and a 1-year high of $41.63.

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.