SPDR Bloomberg Barclays Investment Grade Floating Rate ETF (NYSEARCA:FLRN) Position Decreased by TIAA Trust National Association

TIAA Trust National Association reduced its holdings in SPDR Bloomberg Barclays Investment Grade Floating Rate ETF (NYSEARCA:FLRN) by 53.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 860,703 shares of the company’s stock after selling 987,024 shares during the quarter. TIAA Trust National Association’s holdings in SPDR Bloomberg Barclays Investment Grade Floating Rate ETF were worth $26,449,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in FLRN. Mount Lucas Management LP boosted its position in shares of SPDR Bloomberg Barclays Investment Grade Floating Rate ETF by 3.9% in the 4th quarter. Mount Lucas Management LP now owns 25,073 shares of the company’s stock valued at $770,000 after purchasing an additional 944 shares during the period. First Horizon Advisors Inc. purchased a new stake in SPDR Bloomberg Barclays Investment Grade Floating Rate ETF during the third quarter valued at about $34,000. Creative Financial Designs Inc. ADV lifted its stake in SPDR Bloomberg Barclays Investment Grade Floating Rate ETF by 819.5% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 1,600 shares of the company’s stock valued at $49,000 after buying an additional 1,426 shares in the last quarter. L.M. Kohn & Company boosted its holdings in shares of SPDR Bloomberg Barclays Investment Grade Floating Rate ETF by 25.8% in the fourth quarter. L.M. Kohn & Company now owns 11,685 shares of the company’s stock worth $359,000 after buying an additional 2,395 shares during the period. Finally, Private Trust Co. NA increased its position in shares of SPDR Bloomberg Barclays Investment Grade Floating Rate ETF by 33.3% in the third quarter. Private Trust Co. NA now owns 13,617 shares of the company’s stock worth $420,000 after acquiring an additional 3,401 shares in the last quarter.

SPDR Bloomberg Barclays Investment Grade Floating Rate ETF Stock Performance

Shares of NYSEARCA:FLRN opened at $30.82 on Wednesday. The firm has a 50 day simple moving average of $30.80 and a 200 day simple moving average of $30.78. SPDR Bloomberg Barclays Investment Grade Floating Rate ETF has a 52 week low of $30.32 and a 52 week high of $30.88.

SPDR Bloomberg Barclays 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.