SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) Shares Bought by Rainey & Randall Investment Management Inc.

Rainey & Randall Investment Management Inc. raised its holdings in shares of SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) by 1.0% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 148,161 shares of the company’s stock after buying an additional 1,419 shares during the quarter. SPDR Blackstone Senior Loan ETF comprises about 1.3% of Rainey & Randall Investment Management Inc.’s portfolio, making the stock its 15th biggest holding. Rainey & Randall Investment Management Inc. owned approximately 0.11% of SPDR Blackstone Senior Loan ETF worth $6,187,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the business. Mather Group LLC. purchased a new stake in SPDR Blackstone Senior Loan ETF in the 2nd quarter valued at $33,000. Ridgewood Investments LLC purchased a new stake in shares of SPDR Blackstone Senior Loan ETF in the second quarter valued at about $33,000. IAG Wealth Partners LLC purchased a new position in SPDR Blackstone Senior Loan ETF during the second quarter worth about $41,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in SPDR Blackstone Senior Loan ETF in the 2nd quarter valued at about $61,000. Finally, Matrix Trust Co purchased a new stake in shares of SPDR Blackstone Senior Loan ETF in the 3rd quarter valued at approximately $68,000.

SPDR Blackstone Senior Loan ETF Price Performance

SRLN stock opened at $41.94 on Wednesday. SPDR Blackstone Senior Loan ETF has a one year low of $40.71 and a one year high of $42.13. The firm’s 50 day moving average price is $41.69 and its 200-day moving average price is $41.74.

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.