Milestone Asset Management LLC Cuts Holdings in SPDR Bloomberg Investment Grade Floating Rate ETF $FLRN

Milestone Asset Management LLC reduced its stake in SPDR Bloomberg Investment Grade Floating Rate ETF (NYSEARCA:FLRN) by 30.7% in the 4th quarter, Holdings Channel reports. The firm owned 768,929 shares of the company’s stock after selling 341,374 shares during the period. SPDR Bloomberg Investment Grade Floating Rate ETF accounts for approximately 4.5% of Milestone Asset Management LLC’s holdings, making the stock its 2nd biggest position. Milestone Asset Management LLC’s holdings in SPDR Bloomberg Investment Grade Floating Rate ETF were worth $23,629,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Chesley Taft & Associates LLC grew its holdings in SPDR Bloomberg Investment Grade Floating Rate ETF by 1.0% during the fourth quarter. Chesley Taft & Associates LLC now owns 41,100 shares of the company’s stock valued at $1,263,000 after purchasing an additional 400 shares during the last quarter. Miracle Mile Advisors LLC lifted its stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 5.2% in the third quarter. Miracle Mile Advisors LLC now owns 8,794 shares of the company’s stock worth $271,000 after buying an additional 432 shares during the last quarter. First National Corp MA ADV boosted its holdings in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 0.7% during the 3rd quarter. First National Corp MA ADV now owns 73,650 shares of the company’s stock worth $2,264,000 after buying an additional 528 shares during the period. Valpey Financial Services LLC grew its stake in SPDR Bloomberg Investment Grade Floating Rate ETF by 5.7% in the 3rd quarter. Valpey Financial Services LLC now owns 10,112 shares of the company’s stock valued at $312,000 after buying an additional 545 shares during the last quarter. Finally, PFG Investments LLC raised its holdings in SPDR Bloomberg Investment Grade Floating Rate ETF by 8.3% in the 3rd quarter. PFG Investments LLC now owns 7,471 shares of the company’s stock worth $231,000 after acquiring an additional 571 shares during the period.

SPDR Bloomberg Investment Grade Floating Rate ETF Price Performance

SPDR Bloomberg Investment Grade Floating Rate ETF stock opened at $30.78 on Thursday. SPDR Bloomberg Investment Grade Floating Rate ETF has a fifty-two week low of $30.61 and a fifty-two week high of $30.86. The firm has a fifty day moving average price of $30.75 and a two-hundred day moving average price of $30.77.

SPDR Bloomberg Investment Grade Floating Rate ETF 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.