Wealth Enhancement Advisory Services LLC Has $4.24 Million Holdings in SPDR Bloomberg Investment Grade Floating Rate ETF $FLRN

Wealth Enhancement Advisory Services LLC cut its stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF (NYSEARCA:FLRN) by 28.1% in the second quarter, Holdings Channel reports. The firm owned 137,890 shares of the company’s stock after selling 53,917 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in SPDR Bloomberg Investment Grade Floating Rate ETF were worth $4,239,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the stock. Hickory Point Bank & Trust grew its stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 5.2% during the first quarter. Hickory Point Bank & Trust now owns 7,892 shares of the company’s stock worth $243,000 after purchasing an additional 392 shares during the period. Bank of New York Mellon Corp grew its stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 2.3% during the first quarter. Bank of New York Mellon Corp now owns 18,827 shares of the company’s stock worth $580,000 after purchasing an additional 430 shares during the period. First National Corp MA ADV lifted its holdings in SPDR Bloomberg Investment Grade Floating Rate ETF by 0.8% during the second quarter. First National Corp MA ADV now owns 73,122 shares of the company’s stock worth $2,254,000 after acquiring an additional 593 shares in the last quarter. Greykasell Wealth Strategies Inc. bought a new position in SPDR Bloomberg Investment Grade Floating Rate ETF during the first quarter worth about $30,000. Finally, Chesley Taft & Associates LLC lifted its holdings in SPDR Bloomberg Investment Grade Floating Rate ETF by 5.3% during the second quarter. Chesley Taft & Associates LLC now owns 41,802 shares of the company’s stock worth $1,289,000 after acquiring an additional 2,102 shares in the last quarter.

SPDR Bloomberg Investment Grade Floating Rate ETF Trading Up 0.0%

FLRN stock opened at $30.83 on Friday. The business’s 50-day moving average price is $30.80 and its two-hundred day moving average price is $30.74. SPDR Bloomberg Investment Grade Floating Rate ETF has a 1-year low of $30.01 and a 1-year high of $30.88.

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.