TIAA Trust National Association Cuts Position in SPDR Bloomberg Investment Grade Floating Rate ETF $FLRN

TIAA Trust National Association cut its stake in SPDR Bloomberg Investment Grade Floating Rate ETF (NYSEARCA:FLRN) by 70.2% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 288,071 shares of the company’s stock after selling 679,786 shares during the period. TIAA Trust National Association owned about 0.32% of SPDR Bloomberg Investment Grade Floating Rate ETF worth $8,852,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Cornerstone Planning Group LLC lifted its stake in SPDR Bloomberg Investment Grade Floating Rate ETF by 431.9% in the fourth quarter. Cornerstone Planning Group LLC now owns 1,000 shares of the company’s stock worth $31,000 after purchasing an additional 812 shares during the last quarter. Quest 10 Wealth Builders Inc. lifted its stake in SPDR Bloomberg Investment Grade Floating Rate ETF by 11,141.7% in the fourth quarter. Quest 10 Wealth Builders Inc. now owns 1,349 shares of the company’s stock worth $41,000 after purchasing an additional 1,337 shares during the last quarter. Caitlin John LLC bought a new stake in SPDR Bloomberg Investment Grade Floating Rate ETF in the third quarter worth $45,000. Greykasell Wealth Strategies Inc. lifted its stake in SPDR Bloomberg Investment Grade Floating Rate ETF by 69.1% in the fourth quarter. Greykasell Wealth Strategies Inc. now owns 1,664 shares of the company’s stock worth $51,000 after purchasing an additional 680 shares during the last quarter. Finally, Advisory Services Network LLC bought a new stake in SPDR Bloomberg Investment Grade Floating Rate ETF in the third quarter worth $77,000.

SPDR Bloomberg Investment Grade Floating Rate ETF Price Performance

SPDR Bloomberg Investment Grade Floating Rate ETF stock opened at $30.76 on Wednesday. The firm has a fifty day simple moving average of $30.77 and a two-hundred day simple moving average of $30.77. SPDR Bloomberg Investment Grade Floating Rate ETF has a twelve month low of $30.63 and a twelve month high of $30.86.

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.