Fortis Capital Management LLC Decreases Stake in SPDR Blackstone Senior Loan ETF $SRLN

Fortis Capital Management LLC reduced its holdings in shares of SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) by 91.3% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 17,366 shares of the company’s stock after selling 182,440 shares during the quarter. Fortis Capital Management LLC’s holdings in SPDR Blackstone Senior Loan ETF were worth $697,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. JPMorgan Chase & Co. raised its position in SPDR Blackstone Senior Loan ETF by 565.8% in the 2nd quarter. JPMorgan Chase & Co. now owns 105,261 shares of the company’s stock worth $4,378,000 after buying an additional 89,451 shares during the last quarter. State Street Corp boosted its holdings in shares of SPDR Blackstone Senior Loan ETF by 0.5% during the 2nd quarter. State Street Corp now owns 3,225,320 shares of the company’s stock valued at $134,141,000 after acquiring an additional 15,877 shares during the last quarter. Qube Research & Technologies Ltd bought a new stake in shares of SPDR Blackstone Senior Loan ETF in the second quarter worth approximately $288,000. Sei Investments Co. grew its stake in shares of SPDR Blackstone Senior Loan ETF by 40.0% in the second quarter. Sei Investments Co. now owns 7,807 shares of the company’s stock worth $325,000 after acquiring an additional 2,230 shares during the period. Finally, Darwin Wealth Management LLC purchased a new position in shares of SPDR Blackstone Senior Loan ETF during the second quarter valued at approximately $885,000.

SPDR Blackstone Senior Loan ETF Price Performance

SRLN opened at $40.41 on Wednesday. The firm has a 50 day moving average price of $40.36 and a 200-day moving average price of $40.48. SPDR Blackstone Senior Loan ETF has a twelve month low of $39.39 and a twelve month high of $41.67.

About SPDR Blackstone Senior Loan ETF

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.