RFG Advisory LLC boosted its position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF (NYSEARCA:FLRN – Free Report) by 13.6% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 454,959 shares of the company’s stock after purchasing an additional 54,386 shares during the period. RFG Advisory LLC owned 0.45% of SPDR Bloomberg Investment Grade Floating Rate ETF worth $14,035,000 at the end of the most recent reporting period.
Several other hedge funds also recently bought and sold shares of FLRN. Wealthfront Advisers LLC raised its stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 7.8% during the 1st quarter. Wealthfront Advisers LLC now owns 5,319,203 shares of the company’s stock worth $163,725,000 after purchasing an additional 384,144 shares in the last quarter. Wells Fargo & Company MN grew its stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 62.9% in the 4th quarter. Wells Fargo & Company MN now owns 2,444,617 shares of the company’s stock valued at $75,123,000 after buying an additional 943,588 shares in the last quarter. Royal Bank of Canada grew its stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 12.0% in the 4th quarter. Royal Bank of Canada now owns 2,143,297 shares of the company’s stock valued at $65,863,000 after buying an additional 229,985 shares in the last quarter. Morgan Stanley increased its holdings in SPDR Bloomberg Investment Grade Floating Rate ETF by 7.1% in the fourth quarter. Morgan Stanley now owns 2,102,442 shares of the company’s stock worth $64,608,000 after buying an additional 138,501 shares during the last quarter. Finally, Bank of America Corp DE increased its holdings in SPDR Bloomberg Investment Grade Floating Rate ETF by 10.4% in the second quarter. Bank of America Corp DE now owns 1,935,009 shares of the company’s stock worth $59,656,000 after buying an additional 182,087 shares during the last quarter.
SPDR Bloomberg Investment Grade Floating Rate ETF Stock Down 0.0%
Shares of FLRN opened at $30.75 on Wednesday. The firm’s 50 day moving average price is $30.79 and its 200 day moving average price is $30.78. SPDR Bloomberg Investment Grade Floating Rate ETF has a twelve month low of $30.63 and a twelve month high of $30.87.
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.
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