Buska Wealth Management LLC Has $5.24 Million Stock Holdings in SPDR Bloomberg Investment Grade Floating Rate ETF $FLRN

Buska Wealth Management LLC reduced its position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF (NYSEARCA:FLRN) by 21.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 169,860 shares of the company’s stock after selling 46,004 shares during the period. SPDR Bloomberg Investment Grade Floating Rate ETF comprises 1.9% of Buska Wealth Management LLC’s investment portfolio, making the stock its 14th largest holding. Buska Wealth Management LLC’s holdings in SPDR Bloomberg Investment Grade Floating Rate ETF were worth $5,240,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Fiduciary Financial Group LLC boosted its position in SPDR Bloomberg Investment Grade Floating Rate ETF by 5.0% during the 2nd quarter. Fiduciary Financial Group LLC now owns 330,908 shares of the company’s stock worth $10,209,000 after buying an additional 15,702 shares during the period. Fulcrum Equity Management acquired a new position in SPDR Bloomberg Investment Grade Floating Rate ETF in the 2nd quarter valued at approximately $920,000. World Equity Group Inc. acquired a new position in SPDR Bloomberg Investment Grade Floating Rate ETF in the 2nd quarter valued at approximately $1,334,000. Aletheian Wealth Advisors LLC increased its position in SPDR Bloomberg Investment Grade Floating Rate ETF by 1.8% in the 2nd quarter. Aletheian Wealth Advisors LLC now owns 77,013 shares of the company’s stock valued at $2,376,000 after acquiring an additional 1,333 shares during the period. Finally, Tactive Advisors LLC raised its stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 37.9% during the second quarter. Tactive Advisors LLC now owns 15,567 shares of the company’s stock valued at $480,000 after acquiring an additional 4,280 shares during the last quarter.

SPDR Bloomberg Investment Grade Floating Rate ETF Stock Performance

Shares of NYSEARCA:FLRN opened at $30.76 on Wednesday. The firm’s fifty day moving average is $30.80 and its 200-day moving average is $30.78. SPDR Bloomberg Investment Grade Floating Rate ETF has a 52 week low of $30.63 and a 52 week 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.