SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) Stake Lessened by B. Riley Wealth Advisors Inc.

B. Riley Wealth Advisors Inc. lessened its holdings in SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) by 28.5% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 20,492 shares of the company’s stock after selling 8,186 shares during the quarter. B. Riley Wealth Advisors Inc.’s holdings in SPDR Blackstone Senior Loan ETF were worth $857,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Continuum Advisory LLC lifted 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 acquiring an additional 467 shares in the last quarter. Ridgewood Investments LLC purchased a new stake in shares of SPDR Blackstone Senior Loan ETF in the second quarter worth approximately $33,000. Avior Wealth Management LLC boosted its holdings in shares of SPDR Blackstone Senior Loan ETF by 214.3% during the third quarter. Avior Wealth Management LLC now owns 1,034 shares of the company’s stock worth $43,000 after purchasing an additional 705 shares during the period. Legacy Investment Solutions LLC purchased a new position in SPDR Blackstone Senior Loan ETF during the third quarter valued at approximately $66,000. Finally, Matrix Trust Co acquired a new position in SPDR Blackstone Senior Loan ETF in the 3rd quarter valued at approximately $68,000.

SPDR Blackstone Senior Loan ETF Price Performance

Shares of NYSEARCA:SRLN opened at $41.98 on Wednesday. The firm has a fifty day moving average of $41.89 and a two-hundred day moving average of $41.74. SPDR Blackstone Senior Loan ETF has a 12-month low of $40.71 and a 12-month high of $42.13.

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.