NewSquare Capital LLC Sells 5,660 Shares of SPDR Bloomberg Barclays Investment Grade Floating Rate ETF (NYSEARCA:FLRN)

NewSquare Capital LLC lowered its stake in shares of SPDR Bloomberg Barclays Investment Grade Floating Rate ETF (NYSEARCA:FLRN) by 2.4% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 231,321 shares of the company’s stock after selling 5,660 shares during the quarter. NewSquare Capital LLC owned approximately 0.29% of SPDR Bloomberg Barclays Investment Grade Floating Rate ETF worth $7,076,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in FLRN. Avity Investment Management Inc. boosted its holdings in SPDR Bloomberg Barclays Investment Grade Floating Rate ETF by 3.6% in the 4th quarter. Avity Investment Management Inc. now owns 23,147 shares of the company’s stock worth $708,000 after buying an additional 800 shares during the period. Gould Capital LLC grew its stake in SPDR Bloomberg Barclays Investment Grade Floating Rate ETF by 2.1% during the third quarter. Gould Capital LLC now owns 81,481 shares of the company’s stock valued at $2,492,000 after acquiring an additional 1,659 shares in the last quarter. Wetzel Investment Advisors Inc. bought a new stake in SPDR Bloomberg Barclays Investment Grade Floating Rate ETF during the 4th quarter worth approximately $55,000. Appleton Partners Inc. MA lifted its stake in SPDR Bloomberg Barclays Investment Grade Floating Rate ETF by 1.8% in the 4th quarter. Appleton Partners Inc. MA now owns 204,399 shares of the company’s stock worth $6,253,000 after purchasing an additional 3,691 shares in the last quarter. Finally, Betterment LLC purchased a new position in shares of SPDR Bloomberg Barclays Investment Grade Floating Rate ETF during the 3rd quarter valued at $210,000.

SPDR Bloomberg Barclays Investment Grade Floating Rate ETF Stock Performance

Shares of FLRN stock remained flat at $30.81 on Tuesday. The company had a trading volume of 417,352 shares, compared to its average volume of 600,661. The company has a 50-day simple moving average of $30.76 and a 200 day simple moving average of $30.68. SPDR Bloomberg Barclays Investment Grade Floating Rate ETF has a one year low of $30.34 and a one year high of $30.86.

SPDR Bloomberg Barclays 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.