SPDR Bloomberg Investment Grade Floating Rate ETF $FLRN Shares Sold by Cherry Tree Wealth Management LLC

Cherry Tree Wealth Management LLC lessened its position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF (NYSEARCA:FLRN) by 13.3% during the second quarter, HoldingsChannel reports. The institutional investor owned 378,098 shares of the company’s stock after selling 57,848 shares during the quarter. SPDR Bloomberg Investment Grade Floating Rate ETF accounts for about 2.2% of Cherry Tree Wealth Management LLC’s holdings, making the stock its 12th biggest position. Cherry Tree Wealth Management LLC’s holdings in SPDR Bloomberg Investment Grade Floating Rate ETF were worth $11,664,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. Coppell Advisory Solutions LLC purchased a new stake in SPDR Bloomberg Investment Grade Floating Rate ETF in the second quarter valued at approximately $26,943,000. Citadel Advisors LLC grew its position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 2,914.4% during the second quarter. Citadel Advisors LLC now owns 549,371 shares of the company’s stock worth $16,948,000 after acquiring an additional 531,146 shares during the last quarter. Wealthfront Advisers LLC increased its holdings in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 7.8% in the 1st quarter. Wealthfront Advisers LLC now owns 5,319,203 shares of the company’s stock valued at $163,725,000 after acquiring an additional 384,144 shares during the period. Valpey Financial Services LLC increased its holdings in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 3,198.5% in the 4th quarter. Valpey Financial Services LLC now owns 333,542 shares of the company’s stock valued at $10,854,000 after acquiring an additional 323,430 shares during the period. Finally, CoreCap Advisors LLC raised its position in SPDR Bloomberg Investment Grade Floating Rate ETF by 32,283.7% in the 2nd quarter. CoreCap Advisors LLC now owns 284,005 shares of the company’s stock valued at $8,762,000 after purchasing an additional 283,128 shares during the last quarter.

SPDR Bloomberg Investment Grade Floating Rate ETF Stock Down 0.0%

NYSEARCA:FLRN traded down $0.01 during trading hours on Tuesday, reaching $30.79. 373,351 shares of the company’s stock were exchanged, compared to its average volume of 1,133,292. The company has a 50-day moving average of $30.79 and a 200 day moving average of $30.78. SPDR Bloomberg Investment Grade Floating Rate ETF has a 1-year low of $30.63 and a 1-year high of $30.87.

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.