BNP Paribas Financial Markets Sells 585,778 Shares of SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN)

BNP Paribas Financial Markets cut its stake in SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) by 70.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 243,643 shares of the company’s stock after selling 585,778 shares during the period. BNP Paribas Financial Markets owned 0.18% of SPDR Blackstone Senior Loan ETF worth $10,175,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in SRLN. Mather Group LLC. bought a new stake in shares of SPDR Blackstone Senior Loan ETF in the 2nd quarter valued at $33,000. Ridgewood Investments LLC bought a new stake in SPDR Blackstone Senior Loan ETF during the second quarter valued at $33,000. IAG Wealth Partners LLC acquired a new stake in SPDR Blackstone Senior Loan ETF during the 2nd quarter worth about $41,000. Avior Wealth Management LLC grew its holdings in SPDR Blackstone Senior Loan ETF by 214.3% during the 3rd quarter. Avior Wealth Management LLC now owns 1,034 shares of the company’s stock worth $43,000 after acquiring an additional 705 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of SPDR Blackstone Senior Loan ETF in the 2nd quarter worth about $61,000.

SPDR Blackstone Senior Loan ETF Stock Performance

Shares of SPDR Blackstone Senior Loan ETF stock opened at $42.08 on Monday. The stock’s 50-day moving average is $41.83 and its 200 day moving average is $41.75. SPDR Blackstone Senior Loan ETF has a one year low of $40.71 and a one year high of $42.13.

SPDR Blackstone Senior Loan ETF Company Profile

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.