SPDR Blackstone Senior Loan ETF $SRLN is Pacific Asset Management LLC’s Largest Position

Pacific Asset Management LLC decreased its stake in shares of SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) by 41.3% during the second quarter, Holdings Channel reports. The firm owned 1,157,066 shares of the company’s stock after selling 814,287 shares during the quarter. SPDR Blackstone Senior Loan ETF comprises about 32.7% of Pacific Asset Management LLC’s holdings, making the stock its biggest position. Pacific Asset Management LLC’s holdings in SPDR Blackstone Senior Loan ETF were worth $48,122,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. MeadowBrook Investment Advisors LLC purchased a new stake in SPDR Blackstone Senior Loan ETF during the 2nd quarter valued at $33,000. Smartleaf Asset Management LLC grew its holdings in shares of SPDR Blackstone Senior Loan ETF by 177.7% in the first quarter. Smartleaf Asset Management LLC now owns 1,011 shares of the company’s stock worth $42,000 after acquiring an additional 647 shares during the period. Twin Peaks Wealth Advisors LLC purchased a new stake in SPDR Blackstone Senior Loan ETF during the second quarter valued at $69,000. Hollencrest Capital Management increased its position 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 acquiring an additional 286 shares during the last quarter. Finally, Elios Financial Group Inc. bought a new position in SPDR Blackstone Senior Loan ETF in the second quarter valued at about $203,000.

SPDR Blackstone Senior Loan ETF Stock Performance

SPDR Blackstone Senior Loan ETF stock opened at $41.20 on Friday. SPDR Blackstone Senior Loan ETF has a 52-week low of $39.08 and a 52-week high of $42.03. The business has a 50-day simple moving average of $41.30 and a two-hundred day simple moving average of $41.39.

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.