Fort Point Capital Partners LLC Invests $2.25 Million in SPDR Blackstone Senior Loan ETF $SRLN

Fort Point Capital Partners LLC bought a new position in shares of SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 54,314 shares of the company’s stock, valued at approximately $2,249,000.

Several other institutional investors and hedge funds have also made changes to their positions in SRLN. Bank of America Corp DE boosted its holdings in shares of SPDR Blackstone Senior Loan ETF by 14.5% during the 2nd quarter. Bank of America Corp DE now owns 13,282,946 shares of the company’s stock worth $552,438,000 after purchasing an additional 1,686,876 shares during the last quarter. Jane Street Group LLC acquired a new position in shares of SPDR Blackstone Senior Loan ETF during the 4th quarter worth approximately $55,702,000. UBS Group AG boosted its holdings in shares of SPDR Blackstone Senior Loan ETF by 85.3% during the 3rd quarter. UBS Group AG now owns 2,806,257 shares of the company’s stock worth $116,684,000 after purchasing an additional 1,291,980 shares during the last quarter. Diversify Advisory Services LLC boosted its holdings in shares of SPDR Blackstone Senior Loan ETF by 5,086.5% during the 4th quarter. Diversify Advisory Services LLC now owns 747,744 shares of the company’s stock worth $30,972,000 after purchasing an additional 733,327 shares during the last quarter. Finally, Morgan Stanley boosted its holdings in shares of SPDR Blackstone Senior Loan ETF by 6.8% during the 4th quarter. Morgan Stanley now owns 11,164,717 shares of the company’s stock worth $460,768,000 after purchasing an additional 706,376 shares during the last quarter.

SPDR Blackstone Senior Loan ETF Stock Performance

Shares of SPDR Blackstone Senior Loan ETF stock opened at $40.28 on Friday. The stock’s 50 day simple moving average is $40.41 and its 200-day simple moving average is $40.67. SPDR Blackstone Senior Loan ETF has a 1-year low of $39.39 and a 1-year high of $41.67.

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.