TIAA Trust National Association cut its holdings in SPDR Bloomberg Investment Grade Floating Rate ETF (NYSEARCA:FLRN – Free Report) by 70.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 288,071 shares of the company’s stock after selling 679,786 shares during the period. TIAA Trust National Association’s holdings in SPDR Bloomberg Investment Grade Floating Rate ETF were worth $8,852,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently modified their holdings of FLRN. JPMorgan Chase & Co. raised its stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 474.4% during the third quarter. JPMorgan Chase & Co. now owns 1,306,086 shares of the company’s stock valued at $40,306,000 after acquiring an additional 1,078,702 shares during the last quarter. Wealthfront Advisers LLC raised its stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 20.8% during the fourth quarter. Wealthfront Advisers LLC now owns 4,935,059 shares of the company’s stock valued at $151,654,000 after acquiring an additional 848,337 shares during the last quarter. Jane Street Group LLC bought a new position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF during the second quarter valued at about $10,679,000. Valpey Financial Services LLC raised its stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 3,198.5% during the fourth quarter. Valpey Financial Services LLC now owns 333,542 shares of the company’s stock valued at $10,854,000 after acquiring an additional 323,430 shares during the last quarter. Finally, Legacy Edge Advisors LLC bought a new position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF during the fourth quarter valued at about $7,544,000.
SPDR Bloomberg Investment Grade Floating Rate ETF Stock Down 0.1%
Shares of NYSEARCA:FLRN opened at $30.76 on Wednesday. The company has a 50-day moving average price of $30.77 and a 200-day moving average price of $30.77. SPDR Bloomberg Investment Grade Floating Rate ETF has a 12 month low of $30.63 and a 12 month high of $30.86.
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.
Further Reading
- Five stocks we like better than SPDR Bloomberg Investment Grade Floating Rate ETF
- Optical Cable Corporation: Strong Earnings, But Hurdles Remain
- The Bank of Mom and Dad Is Booming—3 Stocks to Watch
- Corning Is Paving AI’s Future With Glass
- Why’s Amazon Suddenly Lagging the S&P 500, and Is It a Warning?
Want to see what other hedge funds are holding FLRN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Bloomberg Investment Grade Floating Rate ETF (NYSEARCA:FLRN – Free Report).
Receive News & Ratings for SPDR Bloomberg Investment Grade Floating Rate ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Bloomberg Investment Grade Floating Rate ETF and related companies with MarketBeat.com's FREE daily email newsletter.
