Astor Investment Management LLC Decreases Stock Position in SPDR Bloomberg Barclays Investment Grade Floating Rate ETF (NYSEARCA:FLRN)

Astor Investment Management LLC reduced its position in SPDR Bloomberg Barclays Investment Grade Floating Rate ETF (NYSEARCA:FLRN) by 6.9% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 510,095 shares of the company’s stock after selling 37,662 shares during the period. SPDR Bloomberg Barclays Investment Grade Floating Rate ETF comprises approximately 2.6% of Astor Investment Management LLC’s holdings, making the stock its 16th largest position. Astor Investment Management LLC owned approximately 0.46% of SPDR Bloomberg Barclays Investment Grade Floating Rate ETF worth $15,675,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Municipal Employees Retirement System of Michigan bought a new stake in shares of SPDR Bloomberg Barclays Investment Grade Floating Rate ETF during the 3rd quarter valued at $45,161,000. Penobscot Investment Management Company Inc. raised its position in shares of SPDR Bloomberg Barclays Investment Grade Floating Rate ETF by 3.6% during the 3rd quarter. Penobscot Investment Management Company Inc. now owns 863,466 shares of the company’s stock valued at $26,561,000 after buying an additional 29,964 shares in the last quarter. Curbstone Financial Management Corp raised its position in shares of SPDR Bloomberg Barclays Investment Grade Floating Rate ETF by 16.7% during the 4th quarter. Curbstone Financial Management Corp now owns 591,300 shares of the company’s stock valued at $18,171,000 after buying an additional 84,450 shares in the last quarter. Harbor Advisory Corp MA raised its position in shares of SPDR Bloomberg Barclays Investment Grade Floating Rate ETF by 3.3% during the 3rd quarter. Harbor Advisory Corp MA now owns 557,020 shares of the company’s stock valued at $17,134,000 after buying an additional 17,545 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC raised its position in shares of SPDR Bloomberg Barclays Investment Grade Floating Rate ETF by 1.1% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 297,684 shares of the company’s stock valued at $9,147,000 after buying an additional 3,361 shares in the last quarter.

Shares of NYSEARCA FLRN traded up $0.01 during mid-day trading on Tuesday, hitting $30.79. 1,075,000 shares of the company’s stock traded hands, compared to its average volume of 953,231. The company’s 50-day moving average is $30.74 and its two-hundred day moving average is $30.72. SPDR Bloomberg Barclays Investment Grade Floating Rate ETF has a 1 year low of $30.53 and a 1 year high of $30.80.

The firm also recently announced a monthly dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were given a dividend of $0.0597 per share. This represents a $0.72 annualized dividend and a dividend yield of 2.33%. The ex-dividend date of this dividend was Friday, December 20th.

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Institutional Ownership by Quarter for SPDR Bloomberg Barclays Investment Grade Floating Rate ETF (NYSEARCA:FLRN)

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