Asset One Wealth Management LLC Makes New $2.17 Million Investment in SPDR Bloomberg Investment Grade Floating Rate ETF $FLRN

Asset One Wealth Management LLC bought a new position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF (NYSEARCA:FLRN) during the 4th quarter, Holdings Channel reports. The institutional investor bought 70,399 shares of the company’s stock, valued at approximately $2,165,000.

Several other hedge funds have also recently bought and sold shares of the stock. Chesley Taft & Associates LLC raised its holdings in SPDR Bloomberg Investment Grade Floating Rate ETF by 1.0% during the 4th quarter. Chesley Taft & Associates LLC now owns 41,100 shares of the company’s stock worth $1,263,000 after buying an additional 400 shares during the period. Portland Financial Advisors Inc grew its stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 1.0% during the 4th quarter. Portland Financial Advisors Inc now owns 41,042 shares of the company’s stock worth $1,261,000 after acquiring an additional 408 shares in the last quarter. Cornerstone Advisors Asset Management LLC grew its stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 3.8% during the 4th quarter. Cornerstone Advisors Asset Management LLC now owns 13,367 shares of the company’s stock worth $411,000 after acquiring an additional 487 shares in the last quarter. MML Investors Services LLC grew its stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 0.3% during the 4th quarter. MML Investors Services LLC now owns 208,228 shares of the company’s stock worth $6,399,000 after acquiring an additional 528 shares in the last quarter. Finally, Greykasell Wealth Strategies Inc. grew its stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 69.1% during the 4th quarter. Greykasell Wealth Strategies Inc. now owns 1,664 shares of the company’s stock worth $51,000 after acquiring an additional 680 shares in the last quarter.

SPDR Bloomberg Investment Grade Floating Rate ETF Price Performance

Shares of FLRN opened at $30.79 on Thursday. SPDR Bloomberg Investment Grade Floating Rate ETF has a twelve month low of $30.63 and a twelve month high of $30.86. The company has a 50 day moving average of $30.78 and a 200-day moving average of $30.77.

SPDR Bloomberg Investment Grade Floating Rate ETF Company 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.