SPDR Bloomberg Investment Grade Floating Rate ETF $FLRN Shares Acquired by Wealthfront Advisers LLC

Wealthfront Advisers LLC grew its holdings in shares of SPDR Bloomberg Investment Grade Floating Rate ETF (NYSEARCA:FLRN) by 21.8% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,086,722 shares of the company’s stock after purchasing an additional 731,074 shares during the period. Wealthfront Advisers LLC owned about 4.71% of SPDR Bloomberg Investment Grade Floating Rate ETF worth $126,116,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Miracle Mile Advisors LLC boosted its position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 5.2% during the 3rd quarter. Miracle Mile Advisors LLC now owns 8,794 shares of the company’s stock worth $271,000 after acquiring an additional 432 shares in the last quarter. First National Corp MA ADV lifted its position in SPDR Bloomberg Investment Grade Floating Rate ETF by 0.7% in the third quarter. First National Corp MA ADV now owns 73,650 shares of the company’s stock valued at $2,264,000 after acquiring an additional 528 shares during the last quarter. PFG Investments LLC boosted its stake in SPDR Bloomberg Investment Grade Floating Rate ETF by 8.3% in the third quarter. PFG Investments LLC now owns 7,471 shares of the company’s stock valued at $231,000 after acquiring an additional 571 shares in the last quarter. Lunt Capital Management Inc. grew its holdings in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 5.1% during the second quarter. Lunt Capital Management Inc. now owns 11,799 shares of the company’s stock worth $364,000 after purchasing an additional 575 shares during the last quarter. Finally, Silverlake Wealth Management LLC grew its stake in SPDR Bloomberg Investment Grade Floating Rate ETF by 6.0% during the 2nd quarter. Silverlake Wealth Management LLC now owns 12,417 shares of the company’s stock worth $383,000 after buying an additional 705 shares during the last quarter.

SPDR Bloomberg Investment Grade Floating Rate ETF Price Performance

FLRN opened at $30.78 on Tuesday. The business’s 50 day moving average is $30.77 and its two-hundred day moving average is $30.79. SPDR Bloomberg Investment Grade Floating Rate ETF has a 52 week low of $30.01 and a 52 week high of $30.87.

SPDR Bloomberg Investment Grade Floating Rate ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were paid a $0.1083 dividend. This represents a c) annualized dividend and a dividend yield of 4.2%. The ex-dividend date was Monday, February 2nd.

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.