Bay Capital Advisors LLC Acquires New Shares in SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN)

Bay Capital Advisors LLC acquired a new position in shares of SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 48,037 shares of the company’s stock, valued at approximately $2,005,000. SPDR Blackstone Senior Loan ETF accounts for 1.6% of Bay Capital Advisors LLC’s holdings, making the stock its 14th biggest holding.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Heritage Wealth Management Inc. CA lifted its stake in SPDR Blackstone Senior Loan ETF by 52.8% in the fourth quarter. Heritage Wealth Management Inc. CA now owns 42,808 shares of the company’s stock valued at $1,786,000 after buying an additional 14,791 shares in the last quarter. Zions Bancorporation N.A. lifted its position in SPDR Blackstone Senior Loan ETF by 710.7% in the 4th quarter. Zions Bancorporation N.A. now owns 1,897 shares of the company’s stock valued at $79,000 after acquiring an additional 1,663 shares in the last quarter. Ashton Thomas Securities LLC bought a new position in SPDR Blackstone Senior Loan ETF during the 4th quarter worth about $201,000. LPL Financial LLC raised its stake in shares of SPDR Blackstone Senior Loan ETF by 7.6% in the 4th quarter. LPL Financial LLC now owns 2,827,389 shares of the company’s stock valued at $117,987,000 after purchasing an additional 198,616 shares during the period. Finally, Fortis Capital Management LLC lifted its holdings in shares of SPDR Blackstone Senior Loan ETF by 90.6% in the fourth quarter. Fortis Capital Management LLC now owns 144,783 shares of the company’s stock valued at $6,042,000 after purchasing an additional 68,829 shares in the last quarter.

SPDR Blackstone Senior Loan ETF Trading Up 0.2 %

NYSEARCA:SRLN opened at $41.23 on Tuesday. SPDR Blackstone Senior Loan ETF has a 52-week low of $40.71 and a 52-week high of $42.13. The stock has a 50-day simple moving average of $41.61 and a 200 day simple moving average of $41.74.

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.