Blackstone Senior Floating Rate 2027 Term Fund (NYSE:BSL) Stock Price Passes Above 200-Day Moving Average of $13.49

Blackstone Senior Floating Rate 2027 Term Fund (NYSE:BSL) shares crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $13.49 and traded as high as $14.18. Blackstone Senior Floating Rate 2027 Term Fund shares last traded at $14.17, with a volume of 34,336 shares changing hands.

Blackstone Senior Floating Rate 2027 Term Fund Trading Up 0.4 %

The firm’s fifty day moving average price is $14.16 and its two-hundred day moving average price is $13.51.

Blackstone Senior Floating Rate 2027 Term Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, May 31st. Investors of record on Thursday, May 23rd will be issued a $0.114 dividend. The ex-dividend date is Wednesday, May 22nd. This represents a $1.37 dividend on an annualized basis and a dividend yield of 9.58%.

Institutional Trading of Blackstone Senior Floating Rate 2027 Term Fund

Several institutional investors and hedge funds have recently bought and sold shares of the company. Invesco Ltd. raised its holdings in Blackstone Senior Floating Rate 2027 Term Fund by 20.8% during the 1st quarter. Invesco Ltd. now owns 173,723 shares of the company’s stock valued at $2,654,000 after buying an additional 29,891 shares during the last quarter. Atria Wealth Solutions Inc. purchased a new stake in Blackstone Senior Floating Rate 2027 Term Fund during the 1st quarter valued at about $531,000. Rivernorth Capital Management LLC bought a new stake in shares of Blackstone Senior Floating Rate 2027 Term Fund during the first quarter valued at approximately $2,591,000. Bank of America Corp DE raised its stake in shares of Blackstone Senior Floating Rate 2027 Term Fund by 10.4% in the first quarter. Bank of America Corp DE now owns 822,436 shares of the company’s stock worth $12,567,000 after purchasing an additional 77,666 shares during the last quarter. Finally, UBS Group AG lifted its stake in Blackstone Senior Floating Rate 2027 Term Fund by 11.0% during the 2nd quarter. UBS Group AG now owns 70,020 shares of the company’s stock valued at $931,000 after acquiring an additional 6,963 shares during the period.

About Blackstone Senior Floating Rate 2027 Term Fund

Blackstone Senior Floating Rate 2027 Term Fund is a closed-ended fixed income mutual fund launched by The Blackstone Group L.P. It is managed by GSO / Blackstone Debt Funds Management LLC. The fund invests in the fixed income markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors.