Foundations Investment Advisors LLC Buys 27,901 Shares of SPDR Bloomberg Investment Grade Floating Rate ETF $FLRN

Foundations Investment Advisors LLC lifted its stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF (NYSEARCA:FLRN) by 79.2% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 63,147 shares of the company’s stock after purchasing an additional 27,901 shares during the period. Foundations Investment Advisors LLC owned 0.07% of SPDR Bloomberg Investment Grade Floating Rate ETF worth $1,941,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in FLRN. JPMorgan Chase & Co. raised its stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 31.3% during the 2nd quarter. JPMorgan Chase & Co. now owns 227,384 shares of the company’s stock worth $7,010,000 after purchasing an additional 54,222 shares in the last quarter. M&T Bank Corp bought a new stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF during the 2nd quarter worth approximately $240,000. Raymond James Financial Inc. raised its stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 11.4% during the 2nd quarter. Raymond James Financial Inc. now owns 633,387 shares of the company’s stock worth $19,527,000 after purchasing an additional 64,982 shares in the last quarter. Vista Investment Management raised its stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 14.7% during the 2nd quarter. Vista Investment Management now owns 14,425 shares of the company’s stock worth $445,000 after purchasing an additional 1,849 shares in the last quarter. Finally, Jane Street Group LLC bought a new stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF in the 2nd quarter valued at about $10,679,000.

SPDR Bloomberg Investment Grade Floating Rate ETF Price Performance

Shares of FLRN stock opened at $30.84 on Friday. The firm’s 50-day moving average is $30.76 and its 200-day moving average is $30.77. SPDR Bloomberg Investment Grade Floating Rate ETF has a 52-week low of $30.63 and a 52-week high of $30.86.

About SPDR Bloomberg Investment Grade Floating Rate ETF

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.