Integrity Advisory Solutions LLC Makes New $629,000 Investment in SPDR Bloomberg Investment Grade Floating Rate ETF $FLRN

Integrity Advisory Solutions LLC purchased a new position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF (NYSEARCA:FLRN) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 20,371 shares of the company’s stock, valued at approximately $629,000.

A number of other institutional investors have also made changes to their positions in FLRN. Synergy Asset Management LLC increased its stake in SPDR Bloomberg Investment Grade Floating Rate ETF by 200.0% in the 3rd quarter. Synergy Asset Management LLC now owns 30,000 shares of the company’s stock valued at $925,000 after buying an additional 20,000 shares during the last quarter. Carr Financial Group Corp grew its holdings in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 112.3% in the 3rd quarter. Carr Financial Group Corp now owns 69,864 shares of the company’s stock valued at $2,156,000 after acquiring an additional 36,952 shares in the last quarter. Curbstone Financial Management Corp increased its position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 7.5% in the third quarter. Curbstone Financial Management Corp now owns 1,201,976 shares of the company’s stock valued at $37,093,000 after acquiring an additional 83,830 shares during the last quarter. Penobscot Investment Management Company Inc. boosted its position in SPDR Bloomberg Investment Grade Floating Rate ETF by 7.8% during the third quarter. Penobscot Investment Management Company Inc. now owns 509,483 shares of the company’s stock valued at $15,723,000 after purchasing an additional 36,813 shares during the last quarter. Finally, New England Capital Financial Advisors LLC grew its stake in SPDR Bloomberg Investment Grade Floating Rate ETF by 7.7% in the second quarter. New England Capital Financial Advisors LLC now owns 110,589 shares of the company’s stock valued at $3,409,000 after purchasing an additional 7,902 shares in the last quarter.

SPDR Bloomberg Investment Grade Floating Rate ETF Price Performance

NYSEARCA:FLRN opened at $30.73 on Friday. SPDR Bloomberg Investment Grade Floating Rate ETF has a twelve month low of $30.01 and a twelve month high of $30.86. The stock’s 50 day moving average price is $30.78 and its two-hundred day moving average price is $30.79.

SPDR Bloomberg Investment Grade Floating Rate ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were issued a dividend of $0.0994 per share. This represents a c) dividend on an annualized basis and a yield of 3.9%. The ex-dividend date was Monday, March 2nd.

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.