Truist Financial Corp cut its stake in shares of SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN – Free Report) by 37.4% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 38,306 shares of the company’s stock after selling 22,897 shares during the quarter. Truist Financial Corp’s holdings in SPDR Blackstone Senior Loan ETF were worth $1,581,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds have also added to or reduced their stakes in the stock. GPS Wealth Strategies Group LLC boosted its position in SPDR Blackstone Senior Loan ETF by 1,749.1% in the third quarter. GPS Wealth Strategies Group LLC now owns 1,017 shares of the company’s stock worth $42,000 after purchasing an additional 962 shares during the last quarter. Sound Income Strategies LLC purchased a new position in SPDR Blackstone Senior Loan ETF in the fourth quarter worth about $45,000. Cornerstone Planning Group LLC grew its position in SPDR Blackstone Senior Loan ETF by 309.2% during the fourth quarter. Cornerstone Planning Group LLC now owns 1,113 shares of the company’s stock valued at $46,000 after buying an additional 841 shares during the period. Triumph Capital Management bought a new stake in SPDR Blackstone Senior Loan ETF during the third quarter valued at approximately $54,000. Finally, Trust Co. of Vermont grew its position in SPDR Blackstone Senior Loan ETF by 70,500.0% during the fourth quarter. Trust Co. of Vermont now owns 1,412 shares of the company’s stock valued at $58,000 after buying an additional 1,410 shares during the period.
SPDR Blackstone Senior Loan ETF Stock Performance
Shares of NYSEARCA SRLN opened at $40.58 on Friday. The firm has a 50 day moving average of $40.25 and a 200 day moving average of $40.80. SPDR Blackstone Senior Loan ETF has a 12-month low of $39.39 and a 12-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.
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Want to see what other hedge funds are holding SRLN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN – Free Report).
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