Advisory Alpha LLC Purchases 119,861 Shares of SPDR Blackstone Senior Loan ETF $SRLN

Advisory Alpha LLC lifted its position in shares of SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) by 7.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,785,037 shares of the company’s stock after acquiring an additional 119,861 shares during the period. SPDR Blackstone Senior Loan ETF makes up approximately 2.1% of Advisory Alpha LLC’s portfolio, making the stock its 11th largest position. Advisory Alpha LLC’s holdings in SPDR Blackstone Senior Loan ETF were worth $73,776,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the company. Planned Solutions Inc. lifted its position in SPDR Blackstone Senior Loan ETF by 2.7% in the 3rd quarter. Planned Solutions Inc. now owns 9,131 shares of the company’s stock valued at $380,000 after acquiring an additional 244 shares in the last quarter. Aspetuck Financial Management LLC grew its holdings in shares of SPDR Blackstone Senior Loan ETF by 0.4% in the second quarter. Aspetuck Financial Management LLC now owns 68,092 shares of the company’s stock worth $2,832,000 after acquiring an additional 245 shares during the period. Northwestern Mutual Wealth Management Co. increased its position in SPDR Blackstone Senior Loan ETF by 4.9% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 5,323 shares of the company’s stock valued at $221,000 after acquiring an additional 247 shares during the last quarter. Elevation Point Wealth Partners LLC lifted its holdings in SPDR Blackstone Senior Loan ETF by 2.5% in the second quarter. Elevation Point Wealth Partners LLC now owns 10,537 shares of the company’s stock valued at $438,000 after acquiring an additional 255 shares during the period. Finally, Balboa Wealth Partners lifted its holdings in SPDR Blackstone Senior Loan ETF by 2.4% in the third quarter. Balboa Wealth Partners now owns 11,112 shares of the company’s stock valued at $462,000 after acquiring an additional 257 shares during the period.

SPDR Blackstone Senior Loan ETF Price Performance

Shares of NYSEARCA:SRLN opened at $40.00 on Thursday. The stock’s 50-day simple moving average is $40.90 and its two-hundred day simple moving average is $41.21. SPDR Blackstone Senior Loan ETF has a 52-week low of $39.08 and a 52-week high of $41.67.

SPDR Blackstone Senior Loan ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, March 5th. Investors of record on Monday, March 2nd will be issued a $0.2277 dividend. The ex-dividend date of this dividend is Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 6.8%.

SPDR Blackstone Senior Loan ETF Company 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.