Blackstone Senior Floating Rate 2027 Term Fund (NYSE:BSL) Share Price Crosses Above Two Hundred Day Moving Average of $13.94

Blackstone Senior Floating Rate 2027 Term Fund (NYSE:BSL)’s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $13.94 and traded as high as $14.20. Blackstone Senior Floating Rate 2027 Term Fund shares last traded at $14.20, with a volume of 53,723 shares traded.

Blackstone Senior Floating Rate 2027 Term Fund Stock Performance

The business has a 50-day moving average of $14.11 and a 200 day moving average of $13.94.

Blackstone Senior Floating Rate 2027 Term Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, August 30th. Investors of record on Friday, August 23rd will be given a dividend of $0.114 per share. This represents a $1.37 dividend on an annualized basis and a yield of 9.63%. The ex-dividend date is Friday, August 23rd.

Institutional Trading of Blackstone Senior Floating Rate 2027 Term Fund

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Future Financial Wealth Managment LLC acquired a new stake in Blackstone Senior Floating Rate 2027 Term Fund in the 1st quarter worth about $60,000. Signaturefd LLC boosted its stake in Blackstone Senior Floating Rate 2027 Term Fund by 382.2% in the 4th quarter. Signaturefd LLC now owns 10,508 shares of the company’s stock worth $140,000 after buying an additional 8,329 shares during the last quarter. Gilliland Jeter Wealth Management LLC acquired a new stake in Blackstone Senior Floating Rate 2027 Term Fund in the 4th quarter worth about $146,000. Ieq Capital LLC acquired a new stake in Blackstone Senior Floating Rate 2027 Term Fund in the 4th quarter worth about $149,000. Finally, Avidian Wealth Solutions LLC acquired a new stake in Blackstone Senior Floating Rate 2027 Term Fund in the 1st quarter worth about $166,000.

Blackstone Senior Floating Rate 2027 Term Fund Company Profile

Blackstone Senior Floating Rate 2027 Term Fund is a closed-ended fixed income mutual fund launched by The Blackstone Group L.P. It is managed by GSO / Blackstone Debt Funds Management LLC. The fund invests in the fixed income markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors.