SPDR Bloomberg Investment Grade Floating Rate ETF $FLRN Shares Purchased by Wealthfront Advisers LLC

Wealthfront Advisers LLC increased its position in SPDR Bloomberg Investment Grade Floating Rate ETF (NYSEARCA:FLRN) by 7.8% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 5,319,203 shares of the company’s stock after purchasing an additional 384,144 shares during the period. Wealthfront Advisers LLC owned 0.06% of SPDR Bloomberg Investment Grade Floating Rate ETF worth $163,725,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in FLRN. 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 valued at $31,000 after buying an additional 812 shares during the last quarter. SHP Wealth Management purchased a new position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF during the fourth quarter worth approximately $34,000. Quest 10 Wealth Builders Inc. grew its position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 11,141.7% during the fourth quarter. Quest 10 Wealth Builders Inc. now owns 1,349 shares of the company’s stock worth $41,000 after acquiring an additional 1,337 shares during the last quarter. Evolution Wealth Management Inc. purchased a new position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF during the first quarter worth approximately $50,000. Finally, Greykasell Wealth Strategies Inc. increased its holdings in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 69.1% in the 4th quarter. Greykasell Wealth Strategies Inc. now owns 1,664 shares of the company’s stock valued at $51,000 after acquiring an additional 680 shares during the period.

SPDR Bloomberg Investment Grade Floating Rate ETF Stock Performance

FLRN stock opened at $30.79 on Thursday. 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 12 month low of $30.63 and a 12 month 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.