IFP Advisors Inc Acquires 2,863 Shares of SPDR Bloomberg Investment Grade Floating Rate ETF $FLRN

IFP Advisors Inc lifted its position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF (NYSEARCA:FLRN) by 122.5% during the second quarter, Holdings Channel.com reports. The institutional investor owned 5,200 shares of the company’s stock after acquiring an additional 2,863 shares during the quarter. IFP Advisors Inc’s holdings in SPDR Bloomberg Investment Grade Floating Rate ETF were worth $160,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Bank of New York Mellon Corp grew its position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 2.3% during the 1st quarter. Bank of New York Mellon Corp now owns 18,827 shares of the company’s stock worth $580,000 after buying an additional 430 shares in the last quarter. First National Corp MA ADV grew its position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 0.8% during the 2nd quarter. First National Corp MA ADV now owns 73,122 shares of the company’s stock worth $2,254,000 after buying an additional 593 shares in the last quarter. Greykasell Wealth Strategies Inc. bought a new position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF during the 1st quarter worth $30,000. Vermillion Wealth Management Inc. grew its position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 10.2% during the 2nd quarter. Vermillion Wealth Management Inc. now owns 15,976 shares of the company’s stock worth $493,000 after buying an additional 1,479 shares in the last quarter. Finally, Chesley Taft & Associates LLC grew its position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 5.3% during the 2nd quarter. Chesley Taft & Associates LLC now owns 41,802 shares of the company’s stock worth $1,289,000 after buying an additional 2,102 shares in the last quarter.

SPDR Bloomberg Investment Grade Floating Rate ETF Price Performance

FLRN opened at $30.79 on Friday. SPDR Bloomberg Investment Grade Floating Rate ETF has a 12-month low of $30.01 and a 12-month high of $30.88. The business’s fifty day simple moving average is $30.79 and its 200-day simple moving average is $30.74.

SPDR Bloomberg Investment Grade Floating Rate ETF Company Profile

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.