Synergy Asset Management LLC Increases Stake in SPDR Bloomberg Investment Grade Floating Rate ETF $FLRN

Synergy Asset Management LLC raised its stake in SPDR Bloomberg Investment Grade Floating Rate ETF (NYSEARCA:FLRN) by 200.0% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 30,000 shares of the company’s stock after acquiring an additional 20,000 shares during the quarter. Synergy Asset Management LLC’s holdings in SPDR Bloomberg Investment Grade Floating Rate ETF were worth $925,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Harbor Asset Planning Inc. purchased a new position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF during the 2nd quarter valued at approximately $62,000. Caldwell Trust Co purchased a new stake in SPDR Bloomberg Investment Grade Floating Rate ETF during the second quarter worth $94,000. IFP Advisors Inc boosted its holdings in SPDR Bloomberg Investment Grade Floating Rate ETF by 122.5% during the second quarter. IFP Advisors Inc now owns 5,200 shares of the company’s stock worth $160,000 after buying an additional 2,863 shares in the last quarter. GoalVest Advisory LLC acquired a new stake in SPDR Bloomberg Investment Grade Floating Rate ETF during the second quarter valued at $163,000. Finally, Strategic Financial Concepts LLC purchased a new position in SPDR Bloomberg Investment Grade Floating Rate ETF in the second quarter valued at $206,000.

SPDR Bloomberg Investment Grade Floating Rate ETF Trading Up 0.0%

Shares of SPDR Bloomberg Investment Grade Floating Rate ETF stock opened at $30.74 on Friday. The firm has a 50-day simple moving average of $30.77 and a two-hundred day simple moving average of $30.78. SPDR Bloomberg Investment Grade Floating Rate ETF has a fifty-two week low of $30.01 and a fifty-two week high of $30.88.

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.