Pallas Capital Advisors LLC Sells 2,843 Shares of SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN)

Pallas Capital Advisors LLC decreased its holdings in shares of SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) by 17.3% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 13,583 shares of the company’s stock after selling 2,843 shares during the period. Pallas Capital Advisors LLC’s holdings in SPDR Blackstone Senior Loan ETF were worth $559,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in SRLN. Bank of New York Mellon Corp increased its position in shares of SPDR Blackstone Senior Loan ETF by 1,194.5% during the fourth quarter. Bank of New York Mellon Corp now owns 564,604 shares of the company’s stock valued at $23,561,000 after acquiring an additional 520,990 shares in the last quarter. Allworth Financial LP increased its position in shares of SPDR Blackstone Senior Loan ETF by 141.4% during the fourth quarter. Allworth Financial LP now owns 14,515 shares of the company’s stock valued at $609,000 after acquiring an additional 8,503 shares in the last quarter. Jones Financial Companies Lllp increased its position in shares of SPDR Blackstone Senior Loan ETF by 17.3% during the fourth quarter. Jones Financial Companies Lllp now owns 3,124 shares of the company’s stock valued at $130,000 after acquiring an additional 460 shares in the last quarter. Wealthfront Advisers LLC bought a new stake in shares of SPDR Blackstone Senior Loan ETF during the fourth quarter valued at approximately $416,000. Finally, Moors & Cabot Inc. bought a new stake in shares of SPDR Blackstone Senior Loan ETF during the fourth quarter valued at approximately $263,000.

SPDR Blackstone Senior Loan ETF Price Performance

Shares of SRLN opened at $41.22 on Thursday. The firm has a 50 day moving average of $40.81 and a 200 day moving average of $41.35. SPDR Blackstone Senior Loan ETF has a twelve month low of $39.08 and a twelve month high of $42.09.

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.