Verus Capital Partners LLC Buys Shares of 36,941 SPDR Bloomberg Investment Grade Floating Rate ETF $FLRN

Verus Capital Partners LLC bought a new stake in SPDR Bloomberg Investment Grade Floating Rate ETF (NYSEARCA:FLRN) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm bought 36,941 shares of the company’s stock, valued at approximately $1,135,000.

Several other large investors have also bought and sold shares of the stock. Wealthfront Advisers LLC raised its position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 20.8% in the 4th quarter. Wealthfront Advisers LLC now owns 4,935,059 shares of the company’s stock worth $151,654,000 after acquiring an additional 848,337 shares in the last quarter. Bank of America Corp DE raised its position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 10.4% in the 2nd quarter. Bank of America Corp DE now owns 1,935,009 shares of the company’s stock worth $59,656,000 after acquiring an additional 182,087 shares in the last quarter. New York Life Investment Management LLC raised its position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 21.9% in the 3rd quarter. New York Life Investment Management LLC now owns 1,568,286 shares of the company’s stock worth $48,397,000 after acquiring an additional 281,908 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 20.4% in the 3rd quarter. Envestnet Asset Management Inc. now owns 1,342,286 shares of the company’s stock valued at $41,423,000 after buying an additional 227,748 shares during the period. Finally, JPMorgan Chase & Co. grew its stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 474.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,306,086 shares of the company’s stock valued at $40,306,000 after buying an additional 1,078,702 shares during the period.

SPDR Bloomberg Investment Grade Floating Rate ETF Stock Performance

Shares of FLRN opened at $30.76 on Friday. The stock has a 50-day moving average of $30.77 and a 200-day moving average of $30.77. SPDR Bloomberg Investment Grade Floating Rate ETF has a one year low of $30.63 and a one year 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.