SPDR Bloomberg Investment Grade Floating Rate ETF $FLRN Shares Acquired by Wealthfront Advisers LLC

Wealthfront Advisers LLC boosted its position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF (NYSEARCA:FLRN) by 7.8% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,319,203 shares of the company’s stock after acquiring an additional 384,144 shares during the period. Wealthfront Advisers LLC owned about 5.80% of SPDR Bloomberg Investment Grade Floating Rate ETF worth $163,725,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Cornerstone Planning Group LLC lifted its position 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 purchasing an additional 812 shares during the last quarter. SHP Wealth Management purchased a new position in SPDR Bloomberg Investment Grade Floating Rate ETF in the fourth quarter valued at $34,000. Quest 10 Wealth Builders Inc. increased its holdings in SPDR Bloomberg Investment Grade Floating Rate ETF by 11,141.7% in the fourth quarter. Quest 10 Wealth Builders Inc. now owns 1,349 shares of the company’s stock valued at $41,000 after buying an additional 1,337 shares during the last quarter. Evolution Wealth Management Inc. purchased a new position in SPDR Bloomberg Investment Grade Floating Rate ETF in the first quarter valued at $50,000. Finally, Greykasell Wealth Strategies Inc. raised its stake in SPDR Bloomberg Investment Grade Floating Rate ETF by 69.1% in the fourth quarter. Greykasell Wealth Strategies Inc. now owns 1,664 shares of the company’s stock valued at $51,000 after buying an additional 680 shares in the last quarter.

SPDR Bloomberg Investment Grade Floating Rate ETF Price Performance

Shares of NYSEARCA FLRN opened at $30.79 on Thursday. The business has a 50-day moving average of $30.79 and a two-hundred day moving average of $30.78. SPDR Bloomberg Investment Grade Floating Rate ETF has a 1 year low of $30.63 and a 1 year high of $30.87.

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.