Coppell Advisory Solutions LLC Has $8.07 Million Holdings in SPDR Bloomberg Investment Grade Floating Rate ETF $FLRN

Coppell Advisory Solutions LLC lifted its position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF (NYSEARCA:FLRN) by 18.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 262,012 shares of the company’s stock after acquiring an additional 40,934 shares during the quarter. SPDR Bloomberg Investment Grade Floating Rate ETF makes up approximately 1.0% of Coppell Advisory Solutions LLC’s portfolio, making the stock its 25th biggest position. Coppell Advisory Solutions LLC owned 0.29% of SPDR Bloomberg Investment Grade Floating Rate ETF worth $8,073,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of FLRN. Harbor Asset Planning Inc. bought a new position in SPDR Bloomberg Investment Grade Floating Rate ETF in the second quarter valued at about $62,000. IFP Advisors Inc increased its stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 122.5% in the second quarter. IFP Advisors Inc now owns 5,200 shares of the company’s stock valued at $160,000 after buying an additional 2,863 shares during the period. GoalVest Advisory LLC bought a new position in SPDR Bloomberg Investment Grade Floating Rate ETF in the 2nd quarter valued at approximately $163,000. Strategic Financial Concepts LLC acquired a new stake in SPDR Bloomberg Investment Grade Floating Rate ETF during the 2nd quarter worth approximately $206,000. Finally, Traub Capital Management LLC bought a new stake in SPDR Bloomberg Investment Grade Floating Rate ETF during the 2nd quarter worth approximately $208,000.

SPDR Bloomberg Investment Grade Floating Rate ETF Stock Performance

Shares of NYSEARCA FLRN opened at $30.78 on Friday. SPDR Bloomberg Investment Grade Floating Rate ETF has a 52-week low of $30.01 and a 52-week high of $30.88. The firm has a 50 day moving average price of $30.79 and a two-hundred day moving average price of $30.78.

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.