UBS Group AG Reduces Stake in SPDR Bloomberg Investment Grade Floating Rate ETF $FLRN

UBS Group AG lowered its position in SPDR Bloomberg Investment Grade Floating Rate ETF (NYSEARCA:FLRN) by 5.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 450,458 shares of the company’s stock after selling 24,971 shares during the period. UBS Group AG owned approximately 0.50% of SPDR Bloomberg Investment Grade Floating Rate ETF worth $13,843,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in the business. Chesley Taft & Associates LLC boosted its holdings in SPDR Bloomberg Investment Grade Floating Rate ETF by 1.0% in the fourth quarter. Chesley Taft & Associates LLC now owns 41,100 shares of the company’s stock valued at $1,263,000 after purchasing an additional 400 shares during the last quarter. First National Corp MA ADV boosted its holdings in SPDR Bloomberg Investment Grade Floating Rate ETF by 0.7% in the third quarter. First National Corp MA ADV now owns 73,650 shares of the company’s stock valued at $2,264,000 after purchasing an additional 528 shares during the last quarter. Valpey Financial Services LLC boosted its holdings in SPDR Bloomberg Investment Grade Floating Rate ETF by 5.7% in the third quarter. Valpey Financial Services LLC now owns 10,112 shares of the company’s stock valued at $312,000 after purchasing an additional 545 shares during the last quarter. PFG Investments LLC boosted its holdings in SPDR Bloomberg Investment Grade Floating Rate ETF by 8.3% in the third quarter. PFG Investments LLC now owns 7,471 shares of the company’s stock valued at $231,000 after purchasing an additional 571 shares during the last quarter. Finally, Generation Capital Management LLC boosted its holdings in SPDR Bloomberg Investment Grade Floating Rate ETF by 0.5% in the third quarter. Generation Capital Management LLC now owns 112,397 shares of the company’s stock valued at $3,469,000 after purchasing an additional 607 shares during the last quarter.

SPDR Bloomberg Investment Grade Floating Rate ETF Price Performance

NYSEARCA:FLRN opened at $30.78 on Friday. SPDR Bloomberg Investment Grade Floating Rate ETF has a one year low of $30.63 and a one year high of $30.86. The firm’s fifty day moving average is $30.75 and its two-hundred day moving average is $30.77.

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.