SPDR Bloomberg Investment Grade Floating Rate ETF $FLRN Shares Sold by Milestone Asset Management LLC

Milestone Asset Management LLC trimmed its position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF (NYSEARCA:FLRN) by 95.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 35,620 shares of the company’s stock after selling 760,880 shares during the quarter. Milestone Asset Management LLC’s holdings in SPDR Bloomberg Investment Grade Floating Rate ETF were worth $1,099,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in FLRN. Avity Investment Management Inc. increased its stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 6.1% in the third quarter. Avity Investment Management Inc. now owns 202,638 shares of the company’s stock valued at $6,249,000 after buying an additional 11,600 shares during the period. Farther Finance Advisors LLC raised its holdings in SPDR Bloomberg Investment Grade Floating Rate ETF by 3.4% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,009,744 shares of the company’s stock valued at $31,141,000 after buying an additional 33,342 shares during the last quarter. Aletheian Wealth Advisors LLC boosted its position in SPDR Bloomberg Investment Grade Floating Rate ETF by 9.5% during the 3rd quarter. Aletheian Wealth Advisors LLC now owns 84,323 shares of the company’s stock worth $2,601,000 after buying an additional 7,310 shares during the period. Toth Financial Advisory Corp acquired a new stake in SPDR Bloomberg Investment Grade Floating Rate ETF during the 3rd quarter worth approximately $25,000. Finally, Whitcomb & Hess Inc. boosted its position in SPDR Bloomberg Investment Grade Floating Rate ETF by 2.2% during the 3rd quarter. Whitcomb & Hess Inc. now owns 537,870 shares of the company’s stock worth $16,588,000 after buying an additional 11,448 shares during the period.

SPDR Bloomberg Investment Grade Floating Rate ETF Price Performance

FLRN opened at $30.78 on Friday. SPDR Bloomberg Investment Grade Floating Rate ETF has a fifty-two week low of $30.63 and a fifty-two week high of $30.87. The company’s 50 day moving average price is $30.78 and its two-hundred day moving average price is $30.78.

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.