Koshinski Asset Management Inc. lifted its stake in SPDR Bloomberg Investment Grade Floating Rate ETF (NYSEARCA:FLRN – Free Report) by 22.0% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 8,143 shares of the company’s stock after purchasing an additional 1,469 shares during the period. Koshinski Asset Management Inc.’s holdings in SPDR Bloomberg Investment Grade Floating Rate ETF were worth $251,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of FLRN. Greykasell Wealth Strategies Inc. purchased a new position in SPDR Bloomberg Investment Grade Floating Rate ETF in the first quarter valued at $30,000. Harbor Asset Planning Inc. purchased a new position in SPDR Bloomberg Investment Grade Floating Rate ETF in the second quarter valued at $62,000. IFP Advisors Inc boosted its holdings in SPDR Bloomberg Investment Grade Floating Rate ETF by 122.5% in the second quarter. IFP Advisors Inc now owns 5,200 shares of the company’s stock valued at $160,000 after purchasing an additional 2,863 shares during the period. PFG Investments LLC purchased a new position in SPDR Bloomberg Investment Grade Floating Rate ETF in the second quarter valued at $213,000. Finally, Strategic Blueprint LLC purchased a new position in SPDR Bloomberg Investment Grade Floating Rate ETF in the first quarter valued at $223,000.
SPDR Bloomberg Investment Grade Floating Rate ETF Stock Up 0.0%
Shares of NYSEARCA FLRN opened at $30.82 on Wednesday. The business has a 50-day moving average of $30.79 and a two-hundred day moving average of $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.
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.
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