Legacy Edge Advisors LLC Invests $7.54 Million in SPDR Bloomberg Investment Grade Floating Rate ETF $FLRN

Legacy Edge Advisors LLC acquired a new position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF (NYSEARCA:FLRN) in the 4th quarter, HoldingsChannel reports. The institutional investor acquired 245,478 shares of the company’s stock, valued at approximately $7,544,000.

Other large investors have also modified their holdings of the company. Cornerstone Planning Group LLC boosted its stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 431.9% during the 4th quarter. Cornerstone Planning Group LLC now owns 1,000 shares of the company’s stock worth $31,000 after acquiring an additional 812 shares in the last quarter. Quest 10 Wealth Builders Inc. boosted its stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 11,141.7% during the 4th quarter. Quest 10 Wealth Builders Inc. now owns 1,349 shares of the company’s stock worth $41,000 after acquiring an additional 1,337 shares in the last quarter. Caitlin John LLC bought a new stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF during the 3rd quarter worth $45,000. Ashton Thomas Securities LLC bought a new stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF during the 3rd quarter worth $60,000. Finally, Advisory Services Network LLC bought a new stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF during the 3rd quarter worth $77,000.

SPDR Bloomberg Investment Grade Floating Rate ETF Stock Down 0.4%

Shares of SPDR Bloomberg Investment Grade Floating Rate ETF stock opened at $30.73 on Friday. The business has a fifty day simple moving average of $30.75 and a 200-day simple moving average of $30.77. SPDR Bloomberg Investment Grade Floating Rate ETF has a 12 month low of $30.63 and a 12 month high of $30.86.

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.