Legacy Capital Wealth Partners LLC Makes New Investment in SPDR Bloomberg Investment Grade Floating Rate ETF $FLRN

Legacy Capital Wealth Partners LLC purchased a new stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF (NYSEARCA:FLRN) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 17,555 shares of the company’s stock, valued at approximately $539,000.

Several other hedge funds have also made changes to their positions in the company. Wealthfront Advisers LLC grew its position in SPDR Bloomberg Investment Grade Floating Rate ETF by 21.8% during the 3rd quarter. Wealthfront Advisers LLC now owns 4,086,722 shares of the company’s stock worth $126,116,000 after purchasing an additional 731,074 shares in the last quarter. Bank of America Corp DE lifted its holdings in shares of 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 valued at $59,656,000 after purchasing an additional 182,087 shares in the last quarter. New York Life Investment Management LLC lifted its holdings in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 21.9% in the third quarter. New York Life Investment Management LLC now owns 1,568,286 shares of the company’s stock valued at $48,397,000 after purchasing an additional 281,908 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 20.4% in the third quarter. Envestnet Asset Management Inc. now owns 1,342,286 shares of the company’s stock worth $41,423,000 after buying an additional 227,748 shares during the period. Finally, JPMorgan Chase & Co. boosted its position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 474.4% in the third quarter. JPMorgan Chase & Co. now owns 1,306,086 shares of the company’s stock worth $40,306,000 after buying an additional 1,078,702 shares during the period.

SPDR Bloomberg Investment Grade Floating Rate ETF Stock Up 0.0%

NYSEARCA:FLRN opened at $30.66 on Friday. SPDR Bloomberg Investment Grade Floating Rate ETF has a fifty-two week low of $30.01 and a fifty-two week high of $30.86. The stock’s 50-day moving average is $30.77 and its two-hundred day moving average is $30.78.

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.