Fortune Financial Group Inc. bought a new position in SPDR Bloomberg Investment Grade Floating Rate ETF (NYSEARCA:FLRN – Free Report) during the fourth quarter, Holdings Channel reports. The firm bought 46,781 shares of the company’s stock, valued at approximately $1,438,000. SPDR Bloomberg Investment Grade Floating Rate ETF comprises about 1.5% of Fortune Financial Group Inc.’s portfolio, making the stock its 17th biggest position.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Cornerstone Planning Group LLC raised its holdings in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 431.9% in 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 during the last quarter. Quest 10 Wealth Builders Inc. raised its holdings in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 11,141.7% in the 4th quarter. Quest 10 Wealth Builders Inc. now owns 1,349 shares of the company’s stock worth $41,000 after acquiring an additional 1,337 shares during the last quarter. Caitlin John LLC acquired a new stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF in the 3rd quarter worth about $45,000. Greykasell Wealth Strategies Inc. raised its holdings in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 69.1% in the 4th 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. Finally, Advisory Services Network LLC acquired a new stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF in the 3rd quarter worth about $77,000.
SPDR Bloomberg Investment Grade Floating Rate ETF Stock Performance
FLRN opened at $30.77 on Thursday. 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. The company’s 50-day moving average is $30.77 and its 200 day moving average is $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.
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Want to see what other hedge funds are holding FLRN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Bloomberg Investment Grade Floating Rate ETF (NYSEARCA:FLRN – Free Report).
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