SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) Stake Decreased by Prentice Wealth Management LLC

Prentice Wealth Management LLC cut its holdings in shares of SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) by 93.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 12,230 shares of the company’s stock after selling 189,804 shares during the period. Prentice Wealth Management LLC’s holdings in SPDR Blackstone Senior Loan ETF were worth $510,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Healthcare of Ontario Pension Plan Trust Fund acquired a new position in SPDR Blackstone Senior Loan ETF during the 3rd quarter worth $470,588,000. Ocean Park Asset Management LLC raised its stake in shares of SPDR Blackstone Senior Loan ETF by 2,785.0% during the fourth quarter. Ocean Park Asset Management LLC now owns 7,825,634 shares of the company’s stock valued at $326,564,000 after purchasing an additional 7,554,382 shares in the last quarter. Arizona PSPRS Trust lifted its holdings in SPDR Blackstone Senior Loan ETF by 2.2% in the third quarter. Arizona PSPRS Trust now owns 7,536,079 shares of the company’s stock worth $314,707,000 after purchasing an additional 164,185 shares during the period. LPL Financial LLC grew its position in SPDR Blackstone Senior Loan ETF by 2.6% in the 3rd quarter. LPL Financial LLC now owns 2,628,773 shares of the company’s stock valued at $109,778,000 after buying an additional 67,542 shares in the last quarter. Finally, International Assets Investment Management LLC increased its stake in SPDR Blackstone Senior Loan ETF by 3,930.2% during the 3rd quarter. International Assets Investment Management LLC now owns 2,409,530 shares of the company’s stock valued at $100,622,000 after buying an additional 2,349,743 shares during the period.

SPDR Blackstone Senior Loan ETF Stock Performance

SRLN stock opened at $41.70 on Friday. The firm’s 50-day moving average is $41.81 and its two-hundred day moving average is $41.76. SPDR Blackstone Senior Loan ETF has a 52 week low of $40.71 and a 52 week high of $42.13.

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.