Flow Traders U.S. LLC has significantly increased its position in the SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) by an impressive 145.1% during the second quarter of 2023. This information comes from the firm’s recent Form 13F filing with the Securities and Exchange Commission. As of the latest filing, Flow Traders owns 26,717 shares of the ETF, having acquired an additional 15,816 shares during the quarter. The total value of these holdings is approximately $1.11 million.
The growth in Flow Traders’ investment is mirrored by other institutional investors. For instance, MeadowBrook Investment Advisors LLC purchased a new stake in the ETF during the second quarter, valued at around $33,000. Additionally, Smartleaf Asset Management LLC increased its holdings by 177.7% in the first quarter, bringing its total shares to 1,011, worth about $42,000 after acquiring 647 more shares.
Other significant investments include Twin Peaks Wealth Advisors LLC, which acquired a new stake worth approximately $69,000 in the second quarter, while Banque Transatlantique SA and Elios Financial Group Inc. also made new investments, valued at around $202,000 and $203,000, respectively.
Current Performance of SPDR Blackstone Senior Loan ETF
The SPDR Blackstone Senior Loan ETF saw its stock open at $41.35 on Tuesday. The ETF’s performance reflects a 0.1% increase, with a 50-day moving average price of $41.30 and a 200-day moving average price of $41.39. Over the past year, the ETF has experienced a low of $39.08 and a high of $42.03.
This ETF primarily invests in high-yield fixed income, providing actively managed exposure to non-investment-grade, floating-rate senior secured debt of both U.S. and non-U.S. corporations, which reset in three months or less. Launched on April 3, 2013, the fund is managed by State Street.
Investors interested in tracking holdings and insider trades related to the SPDR Blackstone Senior Loan ETF can access detailed information through platforms like HoldingsChannel.com.
