Asset Allocation & Management Company LLC Has $21.14 Million Stake in SPDR Blackstone Senior Loan ETF $SRLN

Asset Allocation & Management Company LLC lifted its position in shares of SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) by 41.6% during the 1st quarter, Holdings Channel.com reports. The firm owned 526,704 shares of the company’s stock after purchasing an additional 154,800 shares during the quarter. SPDR Blackstone Senior Loan ETF accounts for approximately 7.8% of Asset Allocation & Management Company LLC’s investment portfolio, making the stock its 3rd largest holding. Asset Allocation & Management Company LLC’s holdings in SPDR Blackstone Senior Loan ETF were worth $21,142,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Northwestern Mutual Wealth Management Co. increased its holdings in SPDR Blackstone Senior Loan ETF by 731.1% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 39,966 shares of the company’s stock valued at $1,649,000 after buying an additional 35,157 shares during the period. Diversify Advisory Services LLC bought a new position in shares of SPDR Blackstone Senior Loan ETF during the 3rd quarter worth about $595,000. Pallas Capital Advisors LLC lifted its holdings in shares of SPDR Blackstone Senior Loan ETF by 75.9% during the 4th quarter. Pallas Capital Advisors LLC now owns 38,342 shares of the company’s stock worth $1,582,000 after acquiring an additional 16,541 shares during the period. ACT Advisors LLC. bought a new position in shares of SPDR Blackstone Senior Loan ETF during the 4th quarter worth about $8,472,000. Finally, MAI Capital Management boosted its position in shares of SPDR Blackstone Senior Loan ETF by 9,673.7% during the 3rd quarter. MAI Capital Management now owns 60,499 shares of the company’s stock valued at $2,516,000 after acquiring an additional 59,880 shares in the last quarter.

SPDR Blackstone Senior Loan ETF Stock Performance

Shares of SPDR Blackstone Senior Loan ETF stock opened at $40.38 on Friday. The firm’s 50-day simple moving average is $40.44 and its 200-day simple moving average is $40.64. SPDR Blackstone Senior Loan ETF has a twelve month low of $39.39 and a twelve month high of $41.67.

About SPDR Blackstone Senior Loan ETF

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.