Wealth Management Associates Inc. Increases Position in SPDR Blackstone Senior Loan ETF $SRLN

Wealth Management Associates Inc. raised its holdings in shares of SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) by 16.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 73,306 shares of the company’s stock after buying an additional 10,514 shares during the period. SPDR Blackstone Senior Loan ETF comprises approximately 1.3% of Wealth Management Associates Inc.’s investment portfolio, making the stock its 19th biggest position. Wealth Management Associates Inc.’s holdings in SPDR Blackstone Senior Loan ETF were worth $3,015,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Hughes Financial Services LLC purchased a new stake in shares of SPDR Blackstone Senior Loan ETF in the first quarter valued at approximately $25,000. Abound Financial LLC purchased a new stake in shares of SPDR Blackstone Senior Loan ETF in the first quarter valued at approximately $40,000. Continuum Advisory LLC boosted its holdings in shares of SPDR Blackstone Senior Loan ETF by 55.0% in the fourth quarter. Continuum Advisory LLC now owns 992 shares of the company’s stock valued at $41,000 after purchasing an additional 352 shares during the period. Mather Group LLC. purchased a new stake in shares of SPDR Blackstone Senior Loan ETF in the first quarter valued at approximately $41,000. Finally, Smartleaf Asset Management LLC boosted 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 valued at $42,000 after purchasing an additional 647 shares during the period.

SPDR Blackstone Senior Loan ETF Stock Performance

Shares of NYSEARCA SRLN opened at $41.48 on Thursday. The stock has a 50 day moving average price of $41.50 and a 200 day moving average price of $41.18. SPDR Blackstone Senior Loan ETF has a 52-week low of $39.08 and a 52-week high of $42.09.

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.