Modera Wealth Management LLC acquired a new position in SPDR Bloomberg Investment Grade Floating Rate ETF (NYSEARCA:FLRN – Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 17,650 shares of the company’s stock, valued at approximately $544,000.
Several other large investors also recently made changes to their positions in FLRN. International Assets Investment Management LLC increased its stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 721.7% in the third quarter. International Assets Investment Management LLC now owns 135,000 shares of the company’s stock valued at $4,163,000 after buying an additional 118,570 shares in the last quarter. Partners Wealth Management LLC acquired a new position in SPDR Bloomberg Investment Grade Floating Rate ETF during the 3rd quarter worth about $1,383,000. Laurel Wealth Advisors LLC acquired a new position in SPDR Bloomberg Investment Grade Floating Rate ETF during the 3rd quarter worth about $71,000. Ashton Thomas Securities LLC bought a new stake in SPDR Bloomberg Investment Grade Floating Rate ETF during the 3rd quarter worth about $120,000. Finally, Penobscot Investment Management Company Inc. bought a new stake in SPDR Bloomberg Investment Grade Floating Rate ETF during the 3rd quarter worth about $19,644,000.
SPDR Bloomberg Investment Grade Floating Rate ETF Stock Performance
FLRN opened at $30.71 on Tuesday. SPDR Bloomberg Investment Grade Floating Rate ETF has a 1-year low of $30.63 and a 1-year high of $30.87. The firm has a 50-day moving average price of $30.79 and a two-hundred day moving average price of $30.78.
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.
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