Shum Financial Group Inc. Trims Stock Position in SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN)

Shum Financial Group Inc. lowered its position in SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) by 4.1% in the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 30,950 shares of the company’s stock after selling 1,336 shares during the period. SPDR Blackstone Senior Loan ETF accounts for about 1.1% of Shum Financial Group Inc.’s investment portfolio, making the stock its 29th largest holding. Shum Financial Group Inc.’s holdings in SPDR Blackstone Senior Loan ETF were worth $1,273,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in SRLN. TD Private Client Wealth LLC purchased a new position in SPDR Blackstone Senior Loan ETF during the fourth quarter valued at $34,000. First Horizon Advisors Inc. raised its holdings in shares of SPDR Blackstone Senior Loan ETF by 170.0% during the fourth quarter. First Horizon Advisors Inc. now owns 845 shares of the company’s stock valued at $35,000 after purchasing an additional 532 shares during the last quarter. Continuum Advisory LLC lifted its holdings in shares of SPDR Blackstone Senior Loan ETF by 55.0% during the 4th quarter. Continuum Advisory LLC now owns 992 shares of the company’s stock valued at $41,000 after buying an additional 352 shares during the period. AdvisorNet Financial Inc lifted its holdings in SPDR Blackstone Senior Loan ETF by 304.8% in the first quarter. AdvisorNet Financial Inc now owns 1,186 shares of the company’s stock valued at $49,000 after acquiring an additional 893 shares during the period. Finally, SRS Capital Advisors Inc. lifted its stake in shares of SPDR Blackstone Senior Loan ETF by 3,659.4% in the 4th quarter. SRS Capital Advisors Inc. now owns 1,203 shares of the company’s stock worth $50,000 after purchasing an additional 1,171 shares during the period.

SPDR Blackstone Senior Loan ETF Trading Up 0.1%

Shares of SPDR Blackstone Senior Loan ETF stock opened at $41.28 on Friday. The company’s fifty day simple moving average is $40.99 and its 200-day simple moving average is $41.31. SPDR Blackstone Senior Loan ETF has a 1-year low of $39.08 and a 1-year high of $42.09.

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.