Foundations Investment Advisors LLC Acquires 27,901 Shares of SPDR Bloomberg Investment Grade Floating Rate ETF $FLRN

Foundations Investment Advisors LLC boosted its holdings in SPDR Bloomberg Investment Grade Floating Rate ETF (NYSEARCA:FLRN) by 79.2% during the fourth quarter, Holdings Channel reports. The fund owned 63,147 shares of the company’s stock after purchasing an additional 27,901 shares during the period. Foundations Investment Advisors LLC’s holdings in SPDR Bloomberg Investment Grade Floating Rate ETF were worth $1,941,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the business. Stratos Investment Management LLC raised its holdings in SPDR Bloomberg Investment Grade Floating Rate ETF by 5.2% in the 4th quarter. Stratos Investment Management LLC now owns 920,342 shares of the company’s stock valued at $28,282,000 after acquiring an additional 45,548 shares during the period. Farther Finance Advisors LLC raised its holdings in SPDR Bloomberg Investment Grade Floating Rate ETF by 10.2% in the 4th quarter. Farther Finance Advisors LLC now owns 810,578 shares of the company’s stock valued at $24,909,000 after acquiring an additional 75,296 shares during the period. Legacy Capital Wealth Partners LLC bought a new position in SPDR Bloomberg Investment Grade Floating Rate ETF in the 4th quarter valued at about $539,000. MFA Wealth Advisors LLC raised its holdings in SPDR Bloomberg Investment Grade Floating Rate ETF by 6.5% in the 4th quarter. MFA Wealth Advisors LLC now owns 732,753 shares of the company’s stock valued at $22,518,000 after acquiring an additional 44,722 shares during the period. Finally, Curbstone Financial Management Corp increased its position in SPDR Bloomberg Investment Grade Floating Rate ETF by 4.6% during the 4th quarter. Curbstone Financial Management Corp now owns 1,257,076 shares of the company’s stock worth $38,630,000 after buying an additional 55,100 shares during the period.

SPDR Bloomberg Investment Grade Floating Rate ETF Stock Performance

FLRN stock opened at $30.84 on Friday. The business’s fifty day moving average price is $30.76 and its two-hundred day moving average price is $30.77. SPDR Bloomberg Investment Grade Floating Rate ETF has a fifty-two week low of $30.63 and a fifty-two week 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.