USAdvisors Wealth Management LLC Trims Position in SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN)

USAdvisors Wealth Management LLC decreased its holdings in shares of SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) by 90.8% during the 4th quarter, Holdings Channel.com reports. The firm owned 7,311 shares of the company’s stock after selling 71,972 shares during the period. USAdvisors Wealth Management LLC’s holdings in SPDR Blackstone Senior Loan ETF were worth $305,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Continuum Advisory LLC boosted its stake in SPDR Blackstone Senior Loan ETF by 269.9% in the 3rd quarter. Continuum Advisory LLC now owns 640 shares of the company’s stock worth $27,000 after buying an additional 467 shares during the last quarter. Global Trust Asset Management LLC acquired a new stake in shares of SPDR Blackstone Senior Loan ETF in the fourth quarter worth approximately $30,000. Avior Wealth Management LLC grew its holdings in SPDR Blackstone Senior Loan ETF by 214.3% in the third quarter. Avior Wealth Management LLC now owns 1,034 shares of the company’s stock valued at $43,000 after purchasing an additional 705 shares during the period. Legacy Investment Solutions LLC acquired a new position in SPDR Blackstone Senior Loan ETF during the third quarter worth approximately $66,000. Finally, Matrix Trust Co purchased a new position in SPDR Blackstone Senior Loan ETF during the third quarter worth approximately $68,000.

SPDR Blackstone Senior Loan ETF Stock Performance

Shares of SRLN opened at $41.97 on Thursday. SPDR Blackstone Senior Loan ETF has a fifty-two week low of $40.71 and a fifty-two week high of $42.13. The company’s fifty day moving average is $41.87 and its two-hundred day moving average is $41.76.

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.