Thrivent Financial for Lutherans Buys 335,829 Shares of SPDR Blackstone Senior Loan ETF $SRLN

Thrivent Financial for Lutherans boosted its position in SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) by 270.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 459,880 shares of the company’s stock after acquiring an additional 335,829 shares during the period. Thrivent Financial for Lutherans owned 0.29% of SPDR Blackstone Senior Loan ETF worth $19,122,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in SRLN. AEGON USA Investment Management LLC lifted its stake in shares of SPDR Blackstone Senior Loan ETF by 44.4% in the third quarter. AEGON USA Investment Management LLC now owns 42,300 shares of the company’s stock worth $1,759,000 after acquiring an additional 13,000 shares during the period. Midwest Trust Co bought a new stake in shares of SPDR Blackstone Senior Loan ETF during the 2nd quarter valued at about $308,000. Sumitomo Mitsui Trust Group Inc. grew its stake in SPDR Blackstone Senior Loan ETF by 66.3% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 53,197 shares of the company’s stock worth $2,212,000 after purchasing an additional 21,214 shares during the period. Flow Traders U.S. LLC grew its stake in SPDR Blackstone Senior Loan ETF by 145.1% during the second quarter. Flow Traders U.S. LLC now owns 26,717 shares of the company’s stock worth $1,111,000 after purchasing an additional 15,816 shares during the period. Finally, Fragasso Financial Advisors Inc increased its stake in shares of SPDR Blackstone Senior Loan ETF by 7.2% in the 3rd quarter. Fragasso Financial Advisors Inc now owns 221,443 shares of the company’s stock valued at $9,161,000 after acquiring an additional 14,879 shares in the last quarter.

SPDR Blackstone Senior Loan ETF Trading Down 0.2%

Shares of NYSEARCA:SRLN opened at $40.79 on Wednesday. The business’s 50 day simple moving average is $41.28 and its two-hundred day simple moving average is $41.37. SPDR Blackstone Senior Loan ETF has a 52-week low of $39.08 and a 52-week high of $41.80.

SPDR Blackstone Senior Loan ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, February 5th. Investors of record on Monday, February 2nd will be issued a dividend of $0.2478 per share. This represents a c) dividend on an annualized basis and a yield of 7.3%. The ex-dividend date is Monday, February 2nd.

SPDR Blackstone Senior Loan ETF 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.