Fortis Capital Management LLC Raises Position in SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN)

Fortis Capital Management LLC lifted its stake in shares of SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) by 49.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 75,954 shares of the company’s stock after buying an additional 25,060 shares during the period. Fortis Capital Management LLC owned about 0.06% of SPDR Blackstone Senior Loan ETF worth $3,172,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Mather Group LLC. purchased a new stake in SPDR Blackstone Senior Loan ETF in the 2nd quarter valued at about $33,000. Ridgewood Investments LLC bought a new position in shares of SPDR Blackstone Senior Loan ETF during the 2nd quarter worth $33,000. IAG Wealth Partners LLC purchased a new stake in SPDR Blackstone Senior Loan ETF in the 2nd quarter worth about $41,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in SPDR Blackstone Senior Loan ETF during the second quarter valued at about $61,000. Finally, Matrix Trust Co bought a new position in SPDR Blackstone Senior Loan ETF during the third quarter worth about $68,000.

SPDR Blackstone Senior Loan ETF Stock Performance

SRLN opened at $41.87 on Thursday. The firm has a 50-day moving average price of $41.75 and a 200-day moving average price of $41.75. SPDR Blackstone Senior Loan ETF has a twelve month low of $40.71 and a twelve 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.