HighTower Advisors LLC Sells 34,592 Shares of SPDR Bloomberg Investment Grade Floating Rate ETF $FLRN

HighTower Advisors LLC decreased its holdings in shares of SPDR Bloomberg Investment Grade Floating Rate ETF (NYSEARCA:FLRN) by 17.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 168,354 shares of the company’s stock after selling 34,592 shares during the period. HighTower Advisors LLC owned 0.19% of SPDR Bloomberg Investment Grade Floating Rate ETF worth $5,174,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Cornerstone Planning Group LLC boosted its position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 431.9% during the 4th 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 in the last quarter. Quest 10 Wealth Builders Inc. boosted its position 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 valued at $41,000 after purchasing an additional 1,337 shares in the last quarter. Caitlin John LLC bought a new stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF during the 3rd quarter valued at about $45,000. Advisory Services Network LLC bought a new stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF during the 3rd quarter valued at about $77,000. Finally, Laurel Wealth Advisors LLC bought a new stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF during the 4th quarter valued at about $100,000.

SPDR Bloomberg Investment Grade Floating Rate ETF Stock Performance

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

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.