Hutchens & Kramer Investment Management Group LLC Invests $1.02 Million in SPDR Bloomberg Investment Grade Floating Rate ETF $FLRN

Hutchens & Kramer Investment Management Group LLC bought a new stake in SPDR Bloomberg Investment Grade Floating Rate ETF (NYSEARCA:FLRN) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 33,141 shares of the company’s stock, valued at approximately $1,022,000.

A number of other large investors have also recently bought and sold shares of the business. Wells Fargo & Company MN boosted its stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 62.9% during the fourth quarter. Wells Fargo & Company MN now owns 2,444,617 shares of the company’s stock worth $75,123,000 after buying an additional 943,588 shares during the period. Coppell Advisory Solutions LLC acquired a new position in SPDR Bloomberg Investment Grade Floating Rate ETF in the 2nd quarter valued at about $26,943,000. Beacon Capital Management Inc. raised its stake in SPDR Bloomberg Investment Grade Floating Rate ETF by 141,609.6% during the 4th quarter. Beacon Capital Management Inc. now owns 396,787 shares of the company’s stock valued at $12,193,000 after acquiring an additional 396,507 shares during the last quarter. Wealthfront Advisers LLC raised its stake in 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 during the last quarter. Finally, Jane Street Group LLC purchased a new stake in SPDR Bloomberg Investment Grade Floating Rate ETF during the 2nd quarter valued at approximately $10,679,000.

SPDR Bloomberg Investment Grade Floating Rate ETF Stock Up 0.1%

SPDR Bloomberg Investment Grade Floating Rate ETF stock opened at $30.76 on Friday. The stock has a 50 day moving average of $30.79 and a two-hundred day moving average 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.

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.