20,700 Shares in SPDR Bloomberg Investment Grade Floating Rate ETF $FLRN Bought by TritonPoint Partners LLC

TritonPoint Partners LLC bought a new position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF (NYSEARCA:FLRN) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 20,700 shares of the company’s stock, valued at approximately $636,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Chesley Taft & Associates LLC boosted its position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 1.0% during the fourth quarter. Chesley Taft & Associates LLC now owns 41,100 shares of the company’s stock worth $1,263,000 after acquiring an additional 400 shares during the last quarter. Portland Financial Advisors Inc boosted its position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 1.0% during the fourth quarter. Portland Financial Advisors Inc now owns 41,042 shares of the company’s stock worth $1,261,000 after acquiring an additional 408 shares during the last quarter. Cornerstone Advisors Asset Management LLC boosted its position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 3.8% during the fourth quarter. Cornerstone Advisors Asset Management LLC now owns 13,367 shares of the company’s stock worth $411,000 after acquiring an additional 487 shares during the last quarter. MML Investors Services LLC boosted its position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 0.3% during the fourth quarter. MML Investors Services LLC now owns 208,228 shares of the company’s stock worth $6,399,000 after acquiring an additional 528 shares during the last quarter. Finally, Valpey Financial Services LLC boosted its position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 5.7% during the third quarter. Valpey Financial Services LLC now owns 10,112 shares of the company’s stock worth $312,000 after acquiring an additional 545 shares during the last quarter.

SPDR Bloomberg Investment Grade Floating Rate ETF Stock Performance

Shares of NYSEARCA:FLRN opened at $30.79 on Monday. The firm has a fifty day moving average price of $30.77 and a 200 day moving average price of $30.77. 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.

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.