Avaii Wealth Management LLC Invests $286,000 in SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN)

Avaii Wealth Management LLC purchased a new stake in shares of SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 6,858 shares of the company’s stock, valued at approximately $286,000.

Several other institutional investors have also added to or reduced their stakes in SRLN. Healthcare of Ontario Pension Plan Trust Fund bought a new position in shares of SPDR Blackstone Senior Loan ETF during the third quarter valued at about $470,588,000. Arizona PSPRS Trust increased its holdings in SPDR Blackstone Senior Loan ETF by 2.2% during the 3rd quarter. Arizona PSPRS Trust now owns 7,536,079 shares of the company’s stock valued at $314,707,000 after purchasing an additional 164,185 shares during the period. LPL Financial LLC raised its position in SPDR Blackstone Senior Loan ETF by 2.6% during the 3rd quarter. LPL Financial LLC now owns 2,628,773 shares of the company’s stock valued at $109,778,000 after purchasing an additional 67,542 shares during the last quarter. International Assets Investment Management LLC lifted its holdings in SPDR Blackstone Senior Loan ETF by 3,930.2% in the 3rd quarter. International Assets Investment Management LLC now owns 2,409,530 shares of the company’s stock worth $100,622,000 after buying an additional 2,349,743 shares during the period. Finally, Aristotle Pacific Capital LLC grew its position in shares of SPDR Blackstone Senior Loan ETF by 1.7% in the 3rd quarter. Aristotle Pacific Capital LLC now owns 1,454,662 shares of the company’s stock worth $60,747,000 after buying an additional 24,172 shares during the last quarter.

SPDR Blackstone Senior Loan ETF Price Performance

SRLN opened at $41.99 on Friday. The stock’s 50 day moving average price is $41.87 and its 200-day moving average price is $41.75. SPDR Blackstone Senior Loan ETF has a 52-week low of $40.71 and a 52-week high of $42.13.

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.