Shum Financial Group Inc. Purchases Shares of 29,643 SPDR Blackstone Senior Loan ETF $SRLN

Shum Financial Group Inc. acquired a new position in SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 29,643 shares of the company’s stock, valued at approximately $1,233,000.

A number of other institutional investors have also recently bought and sold shares of the business. MeadowBrook Investment Advisors LLC bought a new stake in SPDR Blackstone Senior Loan ETF in the second quarter valued at about $33,000. Twin Peaks Wealth Advisors LLC bought a new stake in shares of SPDR Blackstone Senior Loan ETF in the 2nd quarter worth about $69,000. Hollencrest Capital Management increased its position in shares of SPDR Blackstone Senior Loan ETF by 12.7% during the 2nd quarter. Hollencrest Capital Management now owns 2,540 shares of the company’s stock worth $106,000 after purchasing an additional 286 shares in the last quarter. Smartleaf Asset Management LLC increased its position in shares of SPDR Blackstone Senior Loan ETF by 351.0% during the 2nd quarter. Smartleaf Asset Management LLC now owns 4,560 shares of the company’s stock worth $190,000 after purchasing an additional 3,549 shares in the last quarter. Finally, Banque Transatlantique SA bought a new position in SPDR Blackstone Senior Loan ETF during the 1st quarter valued at about $202,000.

SPDR Blackstone Senior Loan ETF Stock Performance

NYSEARCA:SRLN opened at $41.25 on Wednesday. SPDR Blackstone Senior Loan ETF has a 12 month low of $39.08 and a 12 month high of $42.03. The company’s 50-day moving average price is $41.30 and its two-hundred day moving average price is $41.39.

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.