Outlook Wealth Advisors LLC Invests $394,000 in SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN)

Outlook Wealth Advisors LLC bought a new position in shares of SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 9,356 shares of the company’s stock, valued at approximately $394,000.

Other hedge funds have also recently added to or reduced their stakes in the company. International Assets Investment Management LLC boosted its position in shares of SPDR Blackstone Senior Loan ETF by 3,908.6% during the 4th quarter. International Assets Investment Management LLC now owns 2,366,100 shares of the company’s stock worth $99,211,000 after acquiring an additional 2,307,074 shares in the last quarter. Goldman Sachs Group Inc. lifted its stake in SPDR Blackstone Senior Loan ETF by 67.6% during the fourth quarter. Goldman Sachs Group Inc. now owns 3,954,862 shares of the company’s stock worth $165,827,000 after purchasing an additional 1,595,780 shares during the last quarter. Bain Capital Credit LP boosted its holdings in SPDR Blackstone Senior Loan ETF by 343.8% in the fourth quarter. Bain Capital Credit LP now owns 1,376,780 shares of the company’s stock valued at $57,728,000 after purchasing an additional 1,066,566 shares in the last quarter. Emory University purchased a new position in SPDR Blackstone Senior Loan ETF in the fourth quarter valued at approximately $25,120,000. Finally, BNP Paribas Financial Markets acquired a new stake in SPDR Blackstone Senior Loan ETF during the fourth quarter worth approximately $24,758,000.

SPDR Blackstone Senior Loan ETF Stock Up 0.1 %

Shares of NYSEARCA:SRLN traded up $0.06 during trading on Friday, hitting $41.98. 2,614,734 shares of the company were exchanged, compared to its average volume of 2,570,170. The firm’s 50 day moving average price is $41.90 and its 200-day moving average price is $41.80. SPDR Blackstone Senior Loan ETF has a 12-month low of $40.76 and a 12-month high of $42.15.

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.