Ridgeline Wealth Planning LLC Invests $503,000 in SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN)

Ridgeline Wealth Planning LLC bought a new stake in SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 12,061 shares of the company’s stock, valued at approximately $503,000. SPDR Blackstone Senior Loan ETF accounts for about 0.5% of Ridgeline Wealth Planning LLC’s investment portfolio, making the stock its 21st biggest holding.

Other large investors have also added to or reduced their stakes in the company. Quadrature Capital Ltd purchased a new position in SPDR Blackstone Senior Loan ETF in the 3rd quarter valued at about $4,073,000. Private Advisor Group LLC lifted its stake in shares of SPDR Blackstone Senior Loan ETF by 13.8% in the third quarter. Private Advisor Group LLC now owns 77,037 shares of the company’s stock worth $3,217,000 after acquiring an additional 9,358 shares in the last quarter. Avaii Wealth Management LLC acquired a new position in shares of SPDR Blackstone Senior Loan ETF in the fourth quarter worth about $286,000. Financial Counselors Inc. boosted its holdings in SPDR Blackstone Senior Loan ETF by 24.4% in the third quarter. Financial Counselors Inc. now owns 10,192 shares of the company’s stock valued at $426,000 after purchasing an additional 2,000 shares during the last quarter. Finally, Kennicott Capital Management LLC grew its stake in SPDR Blackstone Senior Loan ETF by 12.2% during the 4th quarter. Kennicott Capital Management LLC now owns 13,446 shares of the company’s stock valued at $561,000 after purchasing an additional 1,463 shares in the last quarter.

SPDR Blackstone Senior Loan ETF Stock Down 0.1 %

Shares of SRLN opened at $41.65 on Wednesday. The business’s 50 day moving average is $41.84 and its two-hundred day moving average is $41.76. SPDR Blackstone Senior Loan ETF has a 52-week low of $40.71 and a 52-week 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.