Concord Wealth Partners Has $1.21 Million Stock Holdings in SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN)

Concord Wealth Partners lowered its stake in SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) by 93.8% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 28,997 shares of the company’s stock after selling 435,338 shares during the period. Concord Wealth Partners’ holdings in SPDR Blackstone Senior Loan ETF were worth $1,210,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Millennium Management LLC increased its stake in shares of SPDR Blackstone Senior Loan ETF by 101.0% in the second quarter. Millennium Management LLC now owns 195,649 shares of the company’s stock valued at $8,178,000 after buying an additional 98,324 shares during the period. Northwestern Mutual Wealth Management Co. increased its position in SPDR Blackstone Senior Loan ETF by 8.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 44,604 shares of the company’s stock valued at $1,864,000 after acquiring an additional 3,373 shares during the period. B. Riley Wealth Advisors Inc. raised its stake in shares of SPDR Blackstone Senior Loan ETF by 77.0% during the second quarter. B. Riley Wealth Advisors Inc. now owns 28,678 shares of the company’s stock valued at $1,199,000 after acquiring an additional 12,477 shares during the last quarter. Truist Financial Corp raised its stake in shares of SPDR Blackstone Senior Loan ETF by 0.6% during the second quarter. Truist Financial Corp now owns 83,689 shares of the company’s stock valued at $3,498,000 after acquiring an additional 479 shares during the last quarter. Finally, Cetera Investment Advisers lifted its holdings in shares of SPDR Blackstone Senior Loan ETF by 1.1% during the second quarter. Cetera Investment Advisers now owns 255,832 shares of the company’s stock worth $10,694,000 after purchasing an additional 2,784 shares during the period.

SPDR Blackstone Senior Loan ETF Stock Performance

NYSEARCA SRLN opened at $41.96 on Friday. SPDR Blackstone Senior Loan ETF has a twelve month low of $40.71 and a twelve month high of $42.13. The stock has a fifty day simple moving average of $41.87 and a 200 day simple moving average of $41.76.

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.