Valmark Advisers Inc. raised its holdings in SPDR Bloomberg Investment Grade Floating Rate ETF (NYSEARCA:FLRN – Free Report) by 2.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 906,757 shares of the company’s stock after purchasing an additional 24,256 shares during the quarter. Valmark Advisers Inc.’s holdings in SPDR Bloomberg Investment Grade Floating Rate ETF were worth $27,955,000 at the end of the most recent reporting period.
Other hedge funds also recently added to or reduced their stakes in the company. Greykasell Wealth Strategies Inc. purchased a new stake in SPDR Bloomberg Investment Grade Floating Rate ETF in the first quarter valued at $30,000. PFG Investments LLC purchased a new stake in SPDR Bloomberg Investment Grade Floating Rate ETF in the second quarter valued at $213,000. Strategic Blueprint LLC purchased a new stake in SPDR Bloomberg Investment Grade Floating Rate ETF in the first quarter valued at $223,000. Cary Street Partners Financial LLC purchased a new stake in SPDR Bloomberg Investment Grade Floating Rate ETF in the first quarter valued at $229,000. Finally, Wealthcare Advisory Partners LLC purchased a new stake in SPDR Bloomberg Investment Grade Floating Rate ETF in the second quarter valued at $265,000.
SPDR Bloomberg Investment Grade Floating Rate ETF Price Performance
NYSEARCA:FLRN opened at $30.76 on Wednesday. SPDR Bloomberg Investment Grade Floating Rate ETF has a one year low of $30.01 and a one year high of $30.88. The firm’s fifty day moving average is $30.79 and its two-hundred day moving average is $30.74.
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.
Further Reading
- Five stocks we like better than SPDR Bloomberg Investment Grade Floating Rate ETF
- Where to Find Earnings Call Transcripts
- EA’s $55 Billion Deal Spurs a Shake-Up in the Gaming Sector
- Stock Dividend Cuts Happen Are You Ready?
- These Are the 3 Hottest Sectors for Q3 Earnings Growth
- Stock Splits, Do They Really Impact Investors?
- AMD Could Double From Here—Thanks to Its Blockbuster OpenAI Deal
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).
Receive News & Ratings for SPDR Bloomberg Investment Grade Floating Rate ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Bloomberg Investment Grade Floating Rate ETF and related companies with MarketBeat.com's FREE daily email newsletter.