SPDR Bloomberg Investment Grade Floating Rate ETF $FLRN is WESCAP Management Group Inc.’s 6th Largest Position

WESCAP Management Group Inc. boosted its position in SPDR Bloomberg Investment Grade Floating Rate ETF (NYSEARCA:FLRN) by 17.3% in the 4th quarter, Holdings Channel reports. The firm owned 724,551 shares of the company’s stock after acquiring an additional 106,858 shares during the quarter. SPDR Bloomberg Investment Grade Floating Rate ETF accounts for about 4.5% of WESCAP Management Group Inc.’s portfolio, making the stock its 6th largest position. WESCAP Management Group Inc.’s holdings in SPDR Bloomberg Investment Grade Floating Rate ETF were worth $22,265,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Chesley Taft & Associates LLC boosted its stake in SPDR Bloomberg Investment Grade Floating Rate ETF by 1.0% during the 4th quarter. Chesley Taft & Associates LLC now owns 41,100 shares of the company’s stock worth $1,263,000 after purchasing an additional 400 shares during the last quarter. Portland Financial Advisors Inc raised its position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 1.0% in the fourth quarter. Portland Financial Advisors Inc now owns 41,042 shares of the company’s stock valued at $1,261,000 after buying an additional 408 shares during the last quarter. Valpey Financial Services LLC lifted its stake in shares of 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 worth $312,000 after buying an additional 545 shares in the last quarter. Generation Capital Management LLC lifted its stake in shares of 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 worth $3,469,000 after buying an additional 607 shares in the last quarter. Finally, Greykasell Wealth Strategies Inc. boosted its position in SPDR Bloomberg Investment Grade Floating Rate ETF by 69.1% during the fourth quarter. Greykasell Wealth Strategies Inc. now owns 1,664 shares of the company’s stock worth $51,000 after acquiring an additional 680 shares during the last quarter.

SPDR Bloomberg Investment Grade Floating Rate ETF Price Performance

Shares of NYSEARCA FLRN opened at $30.76 on Monday. SPDR Bloomberg Investment Grade Floating Rate ETF has a 12-month low of $30.63 and a 12-month high of $30.86. The company has a 50-day moving average of $30.77 and a 200 day moving average of $30.77.

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.