Pallas Capital Advisors LLC Lowers Stock Position in SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN)

Pallas Capital Advisors LLC reduced its stake in SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) by 18.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,426 shares of the company’s stock after selling 3,816 shares during the quarter. Pallas Capital Advisors LLC’s holdings in SPDR Blackstone Senior Loan ETF were worth $685,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in SRLN. Continuum Advisory LLC raised its holdings in SPDR Blackstone Senior Loan ETF by 269.9% in the 3rd quarter. Continuum Advisory LLC now owns 640 shares of the company’s stock worth $27,000 after acquiring an additional 467 shares during the last quarter. Avior Wealth Management LLC raised its stake in shares of SPDR Blackstone Senior Loan ETF by 214.3% in the third quarter. Avior Wealth Management LLC now owns 1,034 shares of the company’s stock worth $43,000 after purchasing an additional 705 shares during the last quarter. Legacy Investment Solutions LLC bought a new position in shares of SPDR Blackstone Senior Loan ETF during the third quarter valued at $66,000. Matrix Trust Co purchased a new stake in shares of SPDR Blackstone Senior Loan ETF during the third quarter valued at $68,000. Finally, Future Financial Wealth Managment LLC bought a new stake in SPDR Blackstone Senior Loan ETF in the 3rd quarter worth about $88,000.

SPDR Blackstone Senior Loan ETF Price Performance

SRLN stock opened at $41.84 on Wednesday. The business’s 50-day moving average is $41.86 and its two-hundred day moving average is $41.73. SPDR Blackstone Senior Loan ETF has a fifty-two week low of $40.71 and a fifty-two week high of $42.13.

About SPDR Blackstone Senior Loan ETF

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.