PNC Financial Services Group Inc. Sells 21,985 Shares of SPDR Blackstone Senior Loan ETF $SRLN

PNC Financial Services Group Inc. lowered its stake in shares of SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) by 92.9% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,669 shares of the company’s stock after selling 21,985 shares during the quarter. PNC Financial Services Group Inc.’s holdings in SPDR Blackstone Senior Loan ETF were worth $69,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Planned Solutions Inc. raised its position in SPDR Blackstone Senior Loan ETF by 2.7% in the third quarter. Planned Solutions Inc. now owns 9,131 shares of the company’s stock worth $380,000 after acquiring an additional 244 shares during the period. Aspetuck Financial Management LLC increased its stake in shares of SPDR Blackstone Senior Loan ETF by 0.4% during the 2nd quarter. Aspetuck Financial Management LLC now owns 68,092 shares of the company’s stock worth $2,832,000 after purchasing an additional 245 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in shares of SPDR Blackstone Senior Loan ETF by 4.9% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 5,323 shares of the company’s stock worth $221,000 after purchasing an additional 247 shares during the last quarter. Elevation Point Wealth Partners LLC raised its holdings in shares of SPDR Blackstone Senior Loan ETF by 2.5% in the 2nd quarter. Elevation Point Wealth Partners LLC now owns 10,537 shares of the company’s stock worth $438,000 after purchasing an additional 255 shares during the period. Finally, Balboa Wealth Partners lifted its stake 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 purchasing an additional 257 shares during the last quarter.

SPDR Blackstone Senior Loan ETF Price Performance

Shares of NYSEARCA SRLN opened at $39.76 on Friday. The stock has a fifty day simple moving average of $40.85 and a two-hundred day simple moving average of $41.19. SPDR Blackstone Senior Loan ETF has a 1-year low of $39.08 and a 1-year high of $41.67.

SPDR Blackstone Senior Loan ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were issued a $0.2277 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a yield of 6.9%.

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.