North Forty Two & Co. Makes New Investment in SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN)

North Forty Two & Co. bought a new stake in SPDR Blackstone Senior Loan ETF (NYSEARCA:SRLN) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 43,206 shares of the company’s stock, valued at approximately $1,803,000. SPDR Blackstone Senior Loan ETF makes up about 2.1% of North Forty Two & Co.’s portfolio, making the stock its 14th largest holding.

Several other hedge funds and other institutional investors have also made changes to their positions in SRLN. Healthcare of Ontario Pension Plan Trust Fund acquired a new position in SPDR Blackstone Senior Loan ETF during the third quarter worth about $470,588,000. Ocean Park Asset Management LLC raised its position in SPDR Blackstone Senior Loan ETF by 2,785.0% during the fourth quarter. Ocean Park Asset Management LLC now owns 7,825,634 shares of the company’s stock worth $326,564,000 after acquiring an additional 7,554,382 shares during the last quarter. Arizona PSPRS Trust raised its position in SPDR Blackstone Senior Loan ETF by 2.2% during the third quarter. Arizona PSPRS Trust now owns 7,536,079 shares of the company’s stock worth $314,707,000 after acquiring an additional 164,185 shares during the last quarter. LPL Financial LLC raised its position in SPDR Blackstone Senior Loan ETF by 2.6% during the third quarter. LPL Financial LLC now owns 2,628,773 shares of the company’s stock worth $109,778,000 after acquiring an additional 67,542 shares during the last quarter. Finally, State of New Jersey Common Pension Fund D acquired a new position in SPDR Blackstone Senior Loan ETF during the fourth quarter worth about $64,682,000.

SPDR Blackstone Senior Loan ETF Price Performance

NYSEARCA:SRLN opened at $41.02 on Wednesday. The firm has a 50 day simple moving average of $41.67 and a 200-day simple moving average of $41.75. SPDR Blackstone Senior Loan ETF has a 1-year low of $40.71 and a 1-year high of $42.13.

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.