SPDR Bloomberg Investment Grade Floating Rate ETF $FLRN Shares Sold by Sykon Capital LLC

Sykon Capital LLC cut its holdings in SPDR Bloomberg Investment Grade Floating Rate ETF (NYSEARCA:FLRN) by 95.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 12,600 shares of the company’s stock after selling 296,365 shares during the quarter. Sykon Capital LLC’s holdings in SPDR Bloomberg Investment Grade Floating Rate ETF were worth $388,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Bank of New York Mellon Corp grew its stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 2.3% in the 1st quarter. Bank of New York Mellon Corp now owns 18,827 shares of the company’s stock worth $580,000 after purchasing an additional 430 shares during the last quarter. Lunt Capital Management Inc. boosted its holdings in SPDR Bloomberg Investment Grade Floating Rate ETF by 5.1% during the second quarter. Lunt Capital Management Inc. now owns 11,799 shares of the company’s stock worth $364,000 after buying an additional 575 shares in the last quarter. First National Corp MA ADV grew its position in SPDR Bloomberg Investment Grade Floating Rate ETF by 0.8% in the second 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 during the last quarter. Greykasell Wealth Strategies Inc. bought a new position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF in the first quarter valued at $30,000. Finally, Portland Financial Advisors Inc increased its holdings in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 3.1% in the second quarter. Portland Financial Advisors Inc now owns 40,431 shares of the company’s stock valued at $1,246,000 after buying an additional 1,225 shares in the last quarter.

SPDR Bloomberg Investment Grade Floating Rate ETF Price Performance

FLRN opened at $30.81 on Monday. The business has a fifty day simple moving average of $30.79 and a 200-day simple moving average of $30.77. SPDR Bloomberg Investment Grade Floating Rate ETF has a fifty-two week low of $30.01 and a fifty-two week high of $30.88.

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.