Blackstone Senior Floating Rate 2027 Term Fund (NYSE:BSL) Share Price Crosses Above 200 Day Moving Average of $14.15

Shares of Blackstone Senior Floating Rate 2027 Term Fund (NYSE:BSL) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $14.15 and traded as high as $14.32. Blackstone Senior Floating Rate 2027 Term Fund shares last traded at $14.29, with a volume of 56,793 shares traded.

Blackstone Senior Floating Rate 2027 Term Fund Trading Down 0.1 %

The firm has a 50-day moving average of $14.14 and a two-hundred day moving average of $14.15.

Blackstone Senior Floating Rate 2027 Term Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Friday, August 30th. Investors of record on Friday, August 23rd were given a dividend of $0.114 per share. The ex-dividend date was Friday, August 23rd. This represents a $1.37 annualized dividend and a dividend yield of 9.58%.

Hedge Funds Weigh In On Blackstone Senior Floating Rate 2027 Term Fund

Several large investors have recently bought and sold shares of the company. Shaker Financial Services LLC bought a new position in Blackstone Senior Floating Rate 2027 Term Fund in the second quarter valued at about $835,000. Jaffetilchin Investment Partners LLC increased its stake in shares of Blackstone Senior Floating Rate 2027 Term Fund by 54.6% in the second quarter. Jaffetilchin Investment Partners LLC now owns 23,482 shares of the company’s stock valued at $329,000 after buying an additional 8,292 shares during the period. Tranquility Partners LLC increased its stake in shares of Blackstone Senior Floating Rate 2027 Term Fund by 4.5% in the second quarter. Tranquility Partners LLC now owns 96,756 shares of the company’s stock valued at $1,356,000 after buying an additional 4,174 shares during the period. Leavell Investment Management Inc. increased its stake in shares of Blackstone Senior Floating Rate 2027 Term Fund by 14.2% in the second quarter. Leavell Investment Management Inc. now owns 158,000 shares of the company’s stock valued at $2,214,000 after buying an additional 19,700 shares during the period. Finally, Dynamic Advisor Solutions LLC increased its stake in shares of Blackstone Senior Floating Rate 2027 Term Fund by 6.4% in the second quarter. Dynamic Advisor Solutions LLC now owns 12,077 shares of the company’s stock valued at $169,000 after buying an additional 731 shares during the period.

About Blackstone Senior Floating Rate 2027 Term Fund

Blackstone Senior Floating Rate 2027 Term Fund is a closed-ended fixed income mutual fund launched by The Blackstone Group L.P. It is managed by GSO / Blackstone Debt Funds Management LLC. The fund invests in the fixed income markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors.