Legacy Edge Advisors LLC Takes Position in SPDR Bloomberg Investment Grade Floating Rate ETF $FLRN

Legacy Edge Advisors LLC purchased a new stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF (NYSEARCA:FLRN) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 245,478 shares of the company’s stock, valued at approximately $7,544,000. Legacy Edge Advisors LLC owned 0.27% of SPDR Bloomberg Investment Grade Floating Rate ETF as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the company. Benjamin Edwards Inc. increased its position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 5.6% during the 4th quarter. Benjamin Edwards Inc. now owns 26,928 shares of the company’s stock valued at $827,000 after purchasing an additional 1,430 shares during the period. Cornerstone Planning Group LLC boosted its stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 431.9% during the 4th quarter. Cornerstone Planning Group LLC now owns 1,000 shares of the company’s stock worth $31,000 after acquiring an additional 812 shares in the last quarter. Composition Wealth LLC boosted its stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 10.4% during the 4th quarter. Composition Wealth LLC now owns 9,709 shares of the company’s stock worth $298,000 after acquiring an additional 915 shares in the last quarter. Sigma Planning Corp boosted its stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 35.6% during the 4th quarter. Sigma Planning Corp now owns 32,487 shares of the company’s stock worth $998,000 after acquiring an additional 8,525 shares in the last quarter. Finally, Laurel Wealth Advisors LLC bought a new stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF during the 4th quarter worth $100,000.

SPDR Bloomberg Investment Grade Floating Rate ETF Price Performance

FLRN opened at $30.73 on Friday. The business has a fifty day simple moving average of $30.75 and a 200-day simple moving average of $30.77. SPDR Bloomberg Investment Grade Floating Rate ETF has a fifty-two week low of $30.63 and a fifty-two week high of $30.86.

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.