Curbstone Financial Management Corp Acquires 83,830 Shares of SPDR Bloomberg Investment Grade Floating Rate ETF $FLRN

Curbstone Financial Management Corp grew its stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF (NYSEARCA:FLRN) by 7.5% in the third quarter, Holdings Channel.com reports. The fund owned 1,201,976 shares of the company’s stock after buying an additional 83,830 shares during the quarter. SPDR Bloomberg Investment Grade Floating Rate ETF comprises about 7.1% of Curbstone Financial Management Corp’s holdings, making the stock its biggest position. Curbstone Financial Management Corp’s holdings in SPDR Bloomberg Investment Grade Floating Rate ETF were worth $37,093,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of FLRN. Harbor Asset Planning Inc. acquired a new position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF in the 2nd quarter worth $62,000. Caldwell Trust Co purchased a new position in SPDR Bloomberg Investment Grade Floating Rate ETF in the 2nd quarter worth about $94,000. IFP Advisors Inc increased its stake in SPDR Bloomberg Investment Grade Floating Rate ETF by 122.5% in the 2nd quarter. IFP Advisors Inc now owns 5,200 shares of the company’s stock worth $160,000 after purchasing an additional 2,863 shares in the last quarter. GoalVest Advisory LLC acquired a new stake in SPDR Bloomberg Investment Grade Floating Rate ETF during the 2nd quarter worth about $163,000. Finally, Strategic Financial Concepts LLC purchased a new stake in SPDR Bloomberg Investment Grade Floating Rate ETF during the second quarter valued at about $206,000.

SPDR Bloomberg Investment Grade Floating Rate ETF Price Performance

SPDR Bloomberg Investment Grade Floating Rate ETF stock opened at $30.71 on Thursday. The firm’s 50 day simple moving average is $30.78 and its 200-day simple moving average is $30.78. SPDR Bloomberg Investment Grade Floating Rate ETF has a fifty-two week low of $30.01 and a fifty-two week high of $30.88.

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.