Western Wealth Management LLC Grows Position in SPDR Blackstone Senior Loan ETF $SRLN

Western Wealth Management LLC raised its holdings in SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) by 31.4% in the second quarter, Holdings Channel.com reports. The fund owned 21,371 shares of the company’s stock after buying an additional 5,109 shares during the quarter. Western Wealth Management LLC’s holdings in SPDR Blackstone Senior Loan ETF were worth $889,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in SRLN. MeadowBrook Investment Advisors LLC purchased a new position in shares of SPDR Blackstone Senior Loan ETF in the 2nd quarter valued at about $33,000. Smartleaf Asset Management LLC boosted its holdings in SPDR Blackstone Senior Loan ETF by 177.7% during the first quarter. Smartleaf Asset Management LLC now owns 1,011 shares of the company’s stock worth $42,000 after buying an additional 647 shares in the last quarter. RVW Wealth LLC acquired a new position in SPDR Blackstone Senior Loan ETF during the second quarter worth about $204,000. Liberty Capital Management Inc. purchased a new position in SPDR Blackstone Senior Loan ETF in the second quarter valued at about $206,000. Finally, MJT & Associates Financial Advisory Group Inc. purchased a new position in SPDR Blackstone Senior Loan ETF in the first quarter valued at about $207,000.

SPDR Blackstone Senior Loan ETF Trading Down 0.2%

SRLN stock opened at $41.20 on Tuesday. The firm has a 50 day moving average of $41.38 and a 200-day moving average of $41.37. SPDR Blackstone Senior Loan ETF has a 12-month low of $39.08 and a 12-month 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.