Telemus Capital LLC Grows Stock Position in SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN)

Telemus Capital LLC raised its position in SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) by 124.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,592 shares of the company’s stock after purchasing an additional 8,105 shares during the quarter. Telemus Capital LLC’s holdings in SPDR Blackstone Senior Loan ETF were worth $612,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SRLN. International Assets Investment Management LLC raised its position in SPDR Blackstone Senior Loan ETF by 3,908.6% in the fourth quarter. International Assets Investment Management LLC now owns 2,366,100 shares of the company’s stock valued at $99,211,000 after purchasing an additional 2,307,074 shares during the period. Emory University purchased a new stake in SPDR Blackstone Senior Loan ETF in the fourth quarter valued at approximately $25,120,000. Wright Fund Management LLC raised its position in SPDR Blackstone Senior Loan ETF by 18.5% in the third quarter. Wright Fund Management LLC now owns 1,733,499 shares of the company’s stock valued at $72,686,000 after purchasing an additional 271,193 shares during the period. Bank of New York Mellon Corp grew its stake in shares of SPDR Blackstone Senior Loan ETF by 50.3% in the third quarter. Bank of New York Mellon Corp now owns 802,331 shares of the company’s stock worth $33,642,000 after acquiring an additional 268,406 shares in the last quarter. Finally, SG Americas Securities LLC acquired a new position in shares of SPDR Blackstone Senior Loan ETF in the fourth quarter worth $10,394,000.

SPDR Blackstone Senior Loan ETF Stock Performance

NYSEARCA:SRLN opened at $41.87 on Tuesday. The company has a fifty day simple moving average of $41.89 and a two-hundred day simple moving average of $41.80. SPDR Blackstone Senior Loan ETF has a 52 week low of $40.76 and a 52 week high of $42.15.

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.