SPDR Bloomberg Investment Grade Floating Rate ETF $FLRN Stock Holdings Trimmed by Hobart Private Capital LLC

Hobart Private Capital LLC lowered its holdings in shares of SPDR Bloomberg Investment Grade Floating Rate ETF (NYSEARCA:FLRN) by 8.7% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 140,156 shares of the company’s stock after selling 13,295 shares during the period. Hobart Private Capital LLC owned approximately 0.16% of SPDR Bloomberg Investment Grade Floating Rate ETF worth $4,321,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. Greykasell Wealth Strategies Inc. bought a new stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF in the 1st quarter worth $30,000. Harbor Asset Planning Inc. bought a new stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF in the 2nd quarter worth $62,000. IFP Advisors Inc raised its stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 122.5% in the 2nd quarter. IFP Advisors Inc now owns 5,200 shares of the company’s stock worth $160,000 after buying an additional 2,863 shares in the last quarter. PFG Investments LLC bought a new stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF in the 2nd quarter worth $213,000. Finally, Strategic Blueprint LLC bought a new stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF in the 1st quarter worth $223,000.

SPDR Bloomberg Investment Grade Floating Rate ETF Price Performance

FLRN opened at $30.85 on Friday. SPDR Bloomberg Investment Grade Floating Rate ETF has a one year low of $30.01 and a one year high of $30.88. The stock’s fifty day moving average is $30.80 and its 200-day moving average is $30.75.

About SPDR Bloomberg Investment Grade Floating Rate ETF

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.