Blackstone Senior Floating Rate 2027 Term Fund (NYSE:BSL) Stock Price Crosses Above 200 Day Moving Average of $13.94

Blackstone Senior Floating Rate 2027 Term Fund (NYSE:BSL)’s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $13.94 and traded as high as $14.20. Blackstone Senior Floating Rate 2027 Term Fund shares last traded at $14.20, with a volume of 53,723 shares traded.

Blackstone Senior Floating Rate 2027 Term Fund Trading Up 0.4 %

The business’s fifty day moving average price is $14.11 and its 200 day moving average price is $13.94.

Blackstone Senior Floating Rate 2027 Term Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, August 30th. Investors of record on Friday, August 23rd will be given a dividend of $0.114 per share. This represents a $1.37 annualized dividend and a yield of 9.63%. The ex-dividend date is Friday, August 23rd.

Institutional Investors Weigh In On Blackstone Senior Floating Rate 2027 Term Fund

Several institutional investors and hedge funds have recently added to or reduced their stakes in BSL. Future Financial Wealth Managment LLC purchased a new position in shares of Blackstone Senior Floating Rate 2027 Term Fund in the 1st quarter valued at $60,000. Signaturefd LLC grew its stake in shares of Blackstone Senior Floating Rate 2027 Term Fund by 382.2% in the fourth quarter. Signaturefd LLC now owns 10,508 shares of the company’s stock valued at $140,000 after buying an additional 8,329 shares in the last quarter. Gilliland Jeter Wealth Management LLC purchased a new stake in shares of Blackstone Senior Floating Rate 2027 Term Fund during the 4th quarter valued at about $146,000. Ieq Capital LLC purchased a new position in shares of Blackstone Senior Floating Rate 2027 Term Fund in the fourth quarter valued at $149,000. Finally, Avidian Wealth Solutions LLC acquired a new stake in shares of Blackstone Senior Floating Rate 2027 Term Fund during the first quarter valued at about $166,000.

Blackstone Senior Floating Rate 2027 Term Fund Company Profile

Blackstone Senior Floating Rate 2027 Term Fund is a closed-ended fixed income mutual fund launched by The Blackstone Group L.P. It is managed by GSO / Blackstone Debt Funds Management LLC. The fund invests in the fixed income markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors.