Lunt Capital Management Inc. Increases Holdings in SPDR Bloomberg Investment Grade Floating Rate ETF $FLRN

Lunt Capital Management Inc. raised its stake in SPDR Bloomberg Investment Grade Floating Rate ETF (NYSEARCA:FLRN) by 5.1% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,799 shares of the company’s stock after purchasing an additional 575 shares during the quarter. Lunt Capital Management Inc.’s holdings in SPDR Bloomberg Investment Grade Floating Rate ETF were worth $364,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Ameriprise Financial Inc. grew its stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 11.0% in the first quarter. Ameriprise Financial Inc. now owns 4,002,178 shares of the company’s stock valued at $123,351,000 after buying an additional 397,516 shares in the last quarter. Farther Finance Advisors LLC boosted its holdings in SPDR Bloomberg Investment Grade Floating Rate ETF by 307.7% in the 2nd quarter. Farther Finance Advisors LLC now owns 473,705 shares of the company’s stock worth $14,604,000 after acquiring an additional 357,518 shares during the period. TIAA Trust National Association grew its position in SPDR Bloomberg Investment Grade Floating Rate ETF by 32.4% in the first quarter. TIAA Trust National Association now owns 1,139,150 shares of the company’s stock valued at $35,109,000 after acquiring an additional 278,447 shares in the last quarter. Penobscot Investment Management Company Inc. increased its stake in SPDR Bloomberg Investment Grade Floating Rate ETF by 24.3% during the 2nd quarter. Penobscot Investment Management Company Inc. now owns 472,670 shares of the company’s stock worth $14,572,000 after buying an additional 92,480 shares during the period. Finally, RFG Advisory LLC increased its stake in SPDR Bloomberg Investment Grade Floating Rate ETF by 24.0% during the 2nd quarter. RFG Advisory LLC now owns 389,065 shares of the company’s stock worth $11,995,000 after buying an additional 75,208 shares during the period.

SPDR Bloomberg Investment Grade Floating Rate ETF Price Performance

NYSEARCA:FLRN opened at $30.77 on Wednesday. The firm has a 50-day moving average of $30.79 and a two-hundred day moving average of $30.74. SPDR Bloomberg Investment Grade Floating Rate ETF has a 1-year low of $30.01 and a 1-year high of $30.88.

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.