ACT Advisors LLC. Takes Position in SPDR Blackstone Senior Loan ETF $SRLN

ACT Advisors LLC. acquired a new position in SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 205,284 shares of the company’s stock, valued at approximately $8,472,000. SPDR Blackstone Senior Loan ETF comprises 3.3% of ACT Advisors LLC.’s portfolio, making the stock its 11th biggest holding.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SRLN. Bank of America Corp DE lifted its stake in SPDR Blackstone Senior Loan ETF by 14.5% during the second quarter. Bank of America Corp DE now owns 13,282,946 shares of the company’s stock worth $552,438,000 after purchasing an additional 1,686,876 shares in the last quarter. Arizona PSPRS Trust boosted its holdings in SPDR Blackstone Senior Loan ETF by 1.9% during the 3rd quarter. Arizona PSPRS Trust now owns 8,149,736 shares of the company’s stock valued at $338,866,000 after acquiring an additional 155,567 shares during the period. State Street Corp grew its position in SPDR Blackstone Senior Loan ETF by 0.5% in the 2nd quarter. State Street Corp now owns 3,225,320 shares of the company’s stock valued at $134,141,000 after acquiring an additional 15,877 shares in the last quarter. UBS Group AG increased its stake in SPDR Blackstone Senior Loan ETF by 85.3% during the third quarter. UBS Group AG now owns 2,806,257 shares of the company’s stock worth $116,684,000 after purchasing an additional 1,291,980 shares during the period. Finally, Advisory Alpha LLC increased its stake in SPDR Blackstone Senior Loan ETF by 7.2% during the third quarter. Advisory Alpha LLC now owns 1,785,037 shares of the company’s stock worth $73,776,000 after purchasing an additional 119,861 shares during the period.

SPDR Blackstone Senior Loan ETF Price Performance

Shares of SRLN opened at $39.90 on Friday. The company’s 50-day simple moving average is $40.47 and its 200-day simple moving average is $41.04. 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 firm also recently announced a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were paid a dividend of $0.2277 per share. This represents a c) annualized dividend and a yield of 6.8%. The ex-dividend date of this dividend was Monday, March 2nd.

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.