SPDR Bloomberg Investment Grade Floating Rate ETF $FLRN Shares Purchased by Western Wealth Management LLC

Western Wealth Management LLC boosted its position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF (NYSEARCA:FLRN) by 139.5% during the first quarter, Holdings Channel reports. The firm owned 69,227 shares of the company’s stock after buying an additional 40,323 shares during the quarter. Western Wealth Management LLC’s holdings in SPDR Bloomberg Investment Grade Floating Rate ETF were worth $2,131,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of FLRN. Cornerstone Planning Group LLC grew its holdings in SPDR Bloomberg Investment Grade Floating Rate ETF by 431.9% in the fourth quarter. Cornerstone Planning Group LLC now owns 1,000 shares of the company’s stock valued at $31,000 after purchasing an additional 812 shares during the last quarter. SHP Wealth Management acquired a new position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF during the 4th quarter worth $34,000. Quest 10 Wealth Builders Inc. raised its stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 11,141.7% during the 4th quarter. Quest 10 Wealth Builders Inc. now owns 1,349 shares of the company’s stock worth $41,000 after buying an additional 1,337 shares during the last quarter. Evolution Wealth Management Inc. purchased a new stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF in the 1st quarter worth about $50,000. Finally, Greykasell Wealth Strategies Inc. boosted its position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 69.1% in the 4th quarter. Greykasell Wealth Strategies Inc. now owns 1,664 shares of the company’s stock worth $51,000 after buying an additional 680 shares in the last quarter.

SPDR Bloomberg Investment Grade Floating Rate ETF Price Performance

Shares of NYSEARCA FLRN opened at $30.85 on Friday. 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 $30.80 and its 200 day moving average price is $30.78.

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.