North Forty Two & Co. Invests $1.80 Million in SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN)

North Forty Two & Co. purchased a new position in SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 43,206 shares of the company’s stock, valued at approximately $1,803,000. SPDR Blackstone Senior Loan ETF makes up 2.1% of North Forty Two & Co.’s holdings, making the stock its 14th largest holding.

A number of other institutional investors have also bought and sold shares of the business. Sumitomo Mitsui Trust Group Inc. boosted its holdings in shares of SPDR Blackstone Senior Loan ETF by 9.3% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 45,711 shares of the company’s stock valued at $1,909,000 after purchasing an additional 3,894 shares during the last quarter. Pathstone Holdings LLC lifted its holdings in shares of SPDR Blackstone Senior Loan ETF by 30.3% in the 3rd quarter. Pathstone Holdings LLC now owns 251,598 shares of the company’s stock valued at $10,507,000 after acquiring an additional 58,539 shares during the last quarter. First City Capital Management Inc. lifted its holdings in shares of SPDR Blackstone Senior Loan ETF by 66.2% in the 3rd quarter. First City Capital Management Inc. now owns 20,960 shares of the company’s stock valued at $875,000 after acquiring an additional 8,350 shares during the last quarter. Avior Wealth Management LLC lifted its holdings in shares of SPDR Blackstone Senior Loan ETF by 214.3% in the 3rd quarter. Avior Wealth Management LLC now owns 1,034 shares of the company’s stock valued at $43,000 after acquiring an additional 705 shares during the last quarter. Finally, Commerce Bank lifted its holdings in shares of SPDR Blackstone Senior Loan ETF by 140.8% in the 3rd quarter. Commerce Bank now owns 13,033 shares of the company’s stock valued at $544,000 after acquiring an additional 7,621 shares during the last quarter.

SPDR Blackstone Senior Loan ETF Stock Down 0.2 %

Shares of NYSEARCA:SRLN opened at $41.02 on Wednesday. SPDR Blackstone Senior Loan ETF has a 12 month low of $40.71 and a 12 month high of $42.13. The company has a 50-day moving average price of $41.67 and a 200 day moving average price of $41.75.

SPDR Blackstone Senior Loan ETF 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.