SPDR Bloomberg Investment Grade Floating Rate ETF $FLRN is WESCAP Management Group Inc.’s 6th Largest Position

WESCAP Management Group Inc. increased its holdings in SPDR Bloomberg Investment Grade Floating Rate ETF (NYSEARCA:FLRN) by 17.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 724,551 shares of the company’s stock after purchasing an additional 106,858 shares during the quarter. SPDR Bloomberg Investment Grade Floating Rate ETF accounts for about 4.5% of WESCAP Management Group Inc.’s holdings, making the stock its 6th largest holding. WESCAP Management Group Inc. owned 0.80% of SPDR Bloomberg Investment Grade Floating Rate ETF worth $22,265,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the business. Chesley Taft & Associates LLC increased its position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 1.0% in the fourth quarter. Chesley Taft & Associates LLC now owns 41,100 shares of the company’s stock valued at $1,263,000 after buying an additional 400 shares in the last quarter. Portland Financial Advisors Inc raised its position in SPDR Bloomberg Investment Grade Floating Rate ETF by 1.0% during the fourth quarter. Portland Financial Advisors Inc now owns 41,042 shares of the company’s stock worth $1,261,000 after acquiring an additional 408 shares during the period. Valpey Financial Services LLC raised its position in SPDR Bloomberg Investment Grade Floating Rate ETF by 5.7% during the third quarter. Valpey Financial Services LLC now owns 10,112 shares of the company’s stock worth $312,000 after acquiring an additional 545 shares during the period. Generation Capital Management LLC lifted its holdings in SPDR Bloomberg Investment Grade Floating Rate ETF by 0.5% during the third quarter. Generation Capital Management LLC now owns 112,397 shares of the company’s stock valued at $3,469,000 after purchasing an additional 607 shares in the last quarter. Finally, Greykasell Wealth Strategies Inc. lifted its holdings in SPDR Bloomberg Investment Grade Floating Rate ETF by 69.1% during the fourth quarter. Greykasell Wealth Strategies Inc. now owns 1,664 shares of the company’s stock valued at $51,000 after purchasing an additional 680 shares in the last quarter.

SPDR Bloomberg Investment Grade Floating Rate ETF Stock Performance

Shares of NYSEARCA FLRN opened at $30.76 on Monday. The company’s 50-day simple moving average is $30.77 and its 200-day simple moving average is $30.77. SPDR Bloomberg Investment Grade Floating Rate ETF has a 52-week low of $30.63 and a 52-week high of $30.86.

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.