Tandem Investment Partners LLC Has $3.06 Million Stock Position in SPDR Bloomberg Investment Grade Floating Rate ETF $FLRN

Tandem Investment Partners LLC lifted its stake in SPDR Bloomberg Investment Grade Floating Rate ETF (NYSEARCA:FLRN) by 3.1% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 99,220 shares of the company’s stock after purchasing an additional 2,970 shares during the quarter. SPDR Bloomberg Investment Grade Floating Rate ETF accounts for about 2.7% of Tandem Investment Partners LLC’s investment portfolio, making the stock its 12th largest holding. Tandem Investment Partners LLC owned 0.11% of SPDR Bloomberg Investment Grade Floating Rate ETF worth $3,059,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of FLRN. Hickory Point Bank & Trust boosted its position in SPDR Bloomberg Investment Grade Floating Rate ETF by 5.2% during the 1st quarter. Hickory Point Bank & Trust now owns 7,892 shares of the company’s stock worth $243,000 after acquiring an additional 392 shares during the period. Farther Finance Advisors LLC boosted its position in SPDR Bloomberg Investment Grade Floating Rate ETF by 51.0% during the 1st quarter. Farther Finance Advisors LLC now owns 116,187 shares of the company’s stock worth $3,569,000 after acquiring an additional 39,238 shares during the period. Curbstone Financial Management Corp boosted its position in SPDR Bloomberg Investment Grade Floating Rate ETF by 5.4% during the 1st quarter. Curbstone Financial Management Corp now owns 1,125,116 shares of the company’s stock worth $34,676,000 after acquiring an additional 57,800 shares during the period. Appleton Partners Inc. MA boosted its position in SPDR Bloomberg Investment Grade Floating Rate ETF by 7.8% during the 1st quarter. Appleton Partners Inc. MA now owns 469,599 shares of the company’s stock worth $14,473,000 after acquiring an additional 34,041 shares during the period. Finally, Strategic Blueprint LLC acquired a new stake in SPDR Bloomberg Investment Grade Floating Rate ETF during the 1st quarter worth about $223,000.

SPDR Bloomberg Investment Grade Floating Rate ETF Stock Performance

Shares of NYSEARCA FLRN opened at $30.75 on Friday. SPDR Bloomberg Investment Grade Floating Rate ETF has a one year low of $30.01 and a one year high of $30.88. The business has a 50-day moving average price of $30.80 and a two-hundred day moving average price of $30.74.

About SPDR Bloomberg Investment Grade Floating Rate ETF

The SPDR Bloomberg Investment Grade Floating Rate ETF (FLRN) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of USD-denominated, investment-grade floating rate notes. Securities must have between 1 month and 5 years until maturity. FLRN was launched on Nov 30, 2011 and is managed by State Street.