Tranquilli Financial Advisor LLC Has $1.34 Million Stock Holdings in SPDR Bloomberg Investment Grade Floating Rate ETF $FLRN

Tranquilli Financial Advisor LLC decreased its stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF (NYSEARCA:FLRN) by 43.0% during the 2nd quarter, Holdings Channel reports. The firm owned 43,454 shares of the company’s stock after selling 32,847 shares during the period. Tranquilli Financial Advisor LLC’s holdings in SPDR Bloomberg Investment Grade Floating Rate ETF were worth $1,341,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in FLRN. SHP Wealth Management acquired a new stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF in the 4th quarter valued at approximately $34,000. Evolution Wealth Management Inc. bought a new position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF in the first quarter valued at $50,000. Greykasell Wealth Strategies Inc. increased its holdings in SPDR Bloomberg Investment Grade Floating Rate ETF by 69.1% during the fourth quarter. Greykasell Wealth Strategies Inc. now owns 1,664 shares of the company’s stock worth $51,000 after buying an additional 680 shares during the last quarter. Advisory Services Network LLC acquired a new position in SPDR Bloomberg Investment Grade Floating Rate ETF during the third quarter worth $77,000. Finally, Webster Bank N. A. raised its position in SPDR Bloomberg Investment Grade Floating Rate ETF by 100.1% during the first quarter. Webster Bank N. A. now owns 3,250 shares of the company’s stock worth $100,000 after acquiring an additional 1,626 shares in the last quarter.

SPDR Bloomberg Investment Grade Floating Rate ETF Stock Performance

Shares of FLRN stock opened at $30.75 on Thursday. The company has a fifty day moving average price of $30.80 and a two-hundred day moving average price of $30.78. SPDR Bloomberg Investment Grade Floating Rate ETF has a one year low of $30.63 and a one year high of $30.87.

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.