Fortress Wealth Management Inc. Invests $243,000 in SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN)

Fortress Wealth Management Inc. purchased a new stake in SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) in the fourth quarter, Holdings Channel.com reports. The fund purchased 5,826 shares of the company’s stock, valued at approximately $243,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Millennium Management LLC lifted its position in shares of SPDR Blackstone Senior Loan ETF by 101.0% during the 2nd quarter. Millennium Management LLC now owns 195,649 shares of the company’s stock valued at $8,178,000 after acquiring an additional 98,324 shares during the period. Creative Planning raised its holdings in SPDR Blackstone Senior Loan ETF by 4.8% during the second quarter. Creative Planning now owns 541,091 shares of the company’s stock worth $22,618,000 after purchasing an additional 24,556 shares during the last quarter. NewEdge Advisors LLC raised its holdings in SPDR Blackstone Senior Loan ETF by 60.3% during the second quarter. NewEdge Advisors LLC now owns 81,185 shares of the company’s stock worth $3,394,000 after purchasing an additional 30,534 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in SPDR Blackstone Senior Loan ETF by 8.2% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 44,604 shares of the company’s stock worth $1,864,000 after purchasing an additional 3,373 shares in the last quarter. Finally, Regal Investment Advisors LLC grew its holdings in SPDR Blackstone Senior Loan ETF by 0.3% in the second quarter. Regal Investment Advisors LLC now owns 162,306 shares of the company’s stock valued at $6,784,000 after purchasing an additional 483 shares during the last quarter.

SPDR Blackstone Senior Loan ETF Stock Down 0.0 %

NYSEARCA:SRLN opened at $41.98 on Tuesday. SPDR Blackstone Senior Loan ETF has a 52-week low of $40.71 and a 52-week high of $42.13. The stock has a fifty day simple moving average of $41.87 and a 200-day simple moving average of $41.75.

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.