873,369 Shares in SPDR Bloomberg Investment Grade Floating Rate ETF $FLRN Bought by Coppell Advisory Solutions LLC

Coppell Advisory Solutions LLC bought a new position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF (NYSEARCA:FLRN) in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 873,369 shares of the company’s stock, valued at approximately $26,943,000. SPDR Bloomberg Investment Grade Floating Rate ETF makes up approximately 5.1% of Coppell Advisory Solutions LLC’s investment portfolio, making the stock its 4th largest position. Coppell Advisory Solutions LLC owned about 0.87% of SPDR Bloomberg Investment Grade Floating Rate ETF at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. SHP Wealth Management acquired a new position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF during the fourth quarter worth about $34,000. Evolution Wealth Management Inc. acquired a new stake in SPDR Bloomberg Investment Grade Floating Rate ETF in the 1st quarter valued at approximately $50,000. Greykasell Wealth Strategies Inc. lifted its stake in SPDR Bloomberg Investment Grade Floating Rate ETF by 69.1% in the 4th quarter. Greykasell Wealth Strategies Inc. now owns 1,664 shares of the company’s stock valued at $51,000 after acquiring an additional 680 shares in the last quarter. Advisory Services Network LLC bought a new stake in SPDR Bloomberg Investment Grade Floating Rate ETF in the 3rd quarter valued at approximately $77,000. Finally, Webster Bank N. A. boosted its position in SPDR Bloomberg Investment Grade Floating Rate ETF by 100.1% during the 1st quarter. Webster Bank N. A. now owns 3,250 shares of the company’s stock worth $100,000 after acquiring an additional 1,626 shares during the last quarter.

SPDR Bloomberg Investment Grade Floating Rate ETF Price Performance

Shares of FLRN opened at $30.75 on Thursday. SPDR Bloomberg Investment Grade Floating Rate ETF has a twelve month low of $30.63 and a twelve month high of $30.87. The company has a 50 day moving average of $30.80 and a 200-day moving average of $30.78.

SPDR Bloomberg Investment Grade Floating Rate ETF Company 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.