Partners Wealth Management LLC Purchases New Stake in SPDR Bloomberg Investment Grade Floating Rate ETF $FLRN

Partners Wealth Management LLC purchased a new stake in SPDR Bloomberg Investment Grade Floating Rate ETF (NYSEARCA:FLRN) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 44,847 shares of the company’s stock, valued at approximately $1,383,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Coppell Advisory Solutions LLC acquired a new stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF in the second quarter worth $26,943,000. Penobscot Investment Management Company Inc. acquired a new position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF during the 3rd quarter valued at $19,644,000. Citadel Advisors LLC lifted its holdings in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 2,914.4% during the 2nd quarter. Citadel Advisors LLC now owns 549,371 shares of the company’s stock valued at $16,948,000 after acquiring an additional 531,146 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 18.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 2,699,472 shares of the company’s stock valued at $83,279,000 after acquiring an additional 413,910 shares in the last quarter. Finally, Wealthfront Advisers LLC lifted its holdings in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 7.8% during the 1st quarter. Wealthfront Advisers LLC now owns 5,319,203 shares of the company’s stock valued at $163,725,000 after acquiring an additional 384,144 shares in the last quarter.

SPDR Bloomberg Investment Grade Floating Rate ETF Stock Down 0.0%

Shares of SPDR Bloomberg Investment Grade Floating Rate ETF stock opened at $30.82 on Friday. The company has a fifty day moving average price of $30.79 and a 200 day moving average price of $30.78. SPDR Bloomberg Investment Grade Floating Rate ETF has a twelve month low of $30.63 and a twelve month high of $30.87.

About SPDR Bloomberg Investment Grade Floating Rate ETF

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.