SPDR Bloomberg Investment Grade Floating Rate ETF $FLRN Shares Newly Acquired by Collaborative Fund Advisors LLC

Collaborative Fund Advisors LLC purchased a new stake in SPDR Bloomberg Investment Grade Floating Rate ETF (NYSEARCA:FLRN) in the third quarter, HoldingsChannel reports. The firm purchased 39,782 shares of the company’s stock, valued at approximately $1,227,000.

A number of other hedge funds have also modified their holdings of the company. Envestnet Asset Management Inc. grew its stake in SPDR Bloomberg Investment Grade Floating Rate ETF by 18.1% in the second quarter. Envestnet Asset Management Inc. now owns 2,699,472 shares of the company’s stock valued at $83,279,000 after acquiring an additional 413,910 shares during the period. Flagship Harbor Advisors LLC increased its holdings in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 38.9% in the third quarter. Flagship Harbor Advisors LLC now owns 78,820 shares of the company’s stock worth $2,431,000 after acquiring an additional 22,090 shares in the last quarter. Hutchens & Kramer Investment Management Group LLC acquired a new stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF during the second quarter worth about $1,022,000. Valmark Advisers Inc. raised its position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 1.8% during the first quarter. Valmark Advisers Inc. now owns 995,071 shares of the company’s stock worth $30,628,000 after purchasing an additional 17,682 shares during the period. Finally, Citadel Advisors LLC grew its position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 2,914.4% in the 2nd quarter. Citadel Advisors LLC now owns 549,371 shares of the company’s stock valued at $16,948,000 after purchasing an additional 531,146 shares during the period.

SPDR Bloomberg Investment Grade Floating Rate ETF Stock Performance

Shares of FLRN stock opened at $30.72 on Thursday. SPDR Bloomberg Investment Grade Floating Rate ETF has a 52 week low of $30.63 and a 52 week high of $30.87. The company’s 50 day moving average price is $30.79 and its two-hundred day moving average price is $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.