Great Valley Advisor Group Inc. Invests $659,000 in SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN)

Great Valley Advisor Group Inc. bought a new stake in SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 15,777 shares of the company’s stock, valued at approximately $659,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Arizona PSPRS Trust acquired a new stake in shares of SPDR Blackstone Senior Loan ETF in the second quarter valued at $308,145,000. LPL Financial LLC grew its position in SPDR Blackstone Senior Loan ETF by 2.6% in the 3rd quarter. LPL Financial LLC now owns 2,628,773 shares of the company’s stock valued at $109,778,000 after acquiring an additional 67,542 shares in the last quarter. International Assets Investment Management LLC increased its stake in SPDR Blackstone Senior Loan ETF by 3,930.2% during the third quarter. International Assets Investment Management LLC now owns 2,409,530 shares of the company’s stock worth $100,622,000 after purchasing an additional 2,349,743 shares during the period. Aristotle Pacific Capital LLC lifted its position in shares of SPDR Blackstone Senior Loan ETF by 140.0% during the second quarter. Aristotle Pacific Capital LLC now owns 1,430,490 shares of the company’s stock worth $59,794,000 after purchasing an additional 834,385 shares in the last quarter. Finally, 1832 Asset Management L.P. acquired a new stake in shares of SPDR Blackstone Senior Loan ETF during the second quarter worth about $43,599,000.

SPDR Blackstone Senior Loan ETF Stock Performance

Shares of SRLN stock opened at $41.96 on Wednesday. SPDR Blackstone Senior Loan ETF has a fifty-two week low of $40.71 and a fifty-two week high of $42.13. The company has a 50 day moving average price of $41.81 and a 200 day moving average price of $41.75.

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.