Flow Traders U.S. LLC significantly increased its stake in the SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) by 145.1% during the second quarter of 2023. According to the firm’s most recent Form 13F filing with the Securities & Exchange Commission, Flow Traders acquired an additional 15,816 shares, bringing its total holdings to 26,717 shares. As of the latest filing, these holdings are valued at approximately $1.11 million.
A variety of other institutional investors have also adjusted their positions in the SPDR Blackstone Senior Loan ETF. MeadowBrook Investment Advisors LLC entered the scene by purchasing a new stake worth around $33,000 during the second quarter. Meanwhile, Smartleaf Asset Management LLC reported a remarkable increase of 177.7% in its holdings during the first quarter, now owning 1,011 shares valued at approximately $42,000 after acquiring an additional 647 shares.
In addition, Twin Peaks Wealth Advisors LLC made a new investment in the ETF valued at about $69,000 in the second quarter. Banque Transatlantique SA and Elios Financial Group Inc. also joined the ranks of investors, each acquiring new stakes worth approximately $202,000 and $203,000, respectively, during the first and second quarters.
Current Performance of SPDR Blackstone Senior Loan ETF
As of the latest trading session, shares of the SPDR Blackstone Senior Loan ETF opened at $41.35. The ETF’s 50-day moving average price stands at $41.30, while the 200-day moving average price is $41.39. Over the past year, the ETF has reached a low of $39.08 and a high of $42.03.
The SPDR Blackstone Senior Loan ETF primarily invests in high-yield fixed income and focuses on actively managed exposure to non-investment-grade, floating-rate senior secured debt of both U.S. and non-U.S. corporations. This debt typically resets within three months, making it attractive to those seeking income in a fluctuating interest rate environment. The fund was launched on April 3, 2013, and is managed by State Street.
For investors looking to track changes in holdings of the SPDR Blackstone Senior Loan ETF, resources such as HoldingsChannel.com provide access to the latest 13F filings and insider trades. As institutional interest grows, the ETF continues to be a focal point for investors seeking exposure to the high-yield market.
