Facet Wealth Inc. Boosts Holdings in SPDR Bloomberg Investment Grade Floating Rate ETF $FLRN

Facet Wealth Inc. boosted its position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF (NYSEARCA:FLRN) by 4.7% in the 4th quarter, Holdings Channel reports. The institutional investor owned 1,087,056 shares of the company’s stock after buying an additional 48,663 shares during the quarter. SPDR Bloomberg Investment Grade Floating Rate ETF accounts for 0.6% of Facet Wealth Inc.’s investment portfolio, making the stock its 25th largest holding. Facet Wealth Inc.’s holdings in SPDR Bloomberg Investment Grade Floating Rate ETF were worth $33,525,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Caitlin John LLC purchased a new position in SPDR Bloomberg Investment Grade Floating Rate ETF during the third quarter worth $45,000. Ashton Thomas Securities LLC purchased a new position in SPDR Bloomberg Investment Grade Floating Rate ETF during the third quarter worth $60,000. Advisory Services Network LLC purchased a new position in SPDR Bloomberg Investment Grade Floating Rate ETF during the third quarter worth $77,000. Park Avenue Securities LLC purchased a new position in SPDR Bloomberg Investment Grade Floating Rate ETF during the fourth quarter worth $200,000. Finally, Fourpath Capital Management LLC purchased a new position in SPDR Bloomberg Investment Grade Floating Rate ETF during the fourth quarter worth $204,000.

SPDR Bloomberg Investment Grade Floating Rate ETF Stock Up 0.0%

NYSEARCA FLRN opened at $30.79 on Friday. The company has a fifty day moving average of $30.75 and a two-hundred day moving average of $30.77. SPDR Bloomberg Investment Grade Floating Rate ETF has a 52 week low of $30.61 and a 52 week high of $30.86.

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.