104,341 Shares in SPDR Bloomberg Investment Grade Floating Rate ETF $FLRN Bought by Gilpin Wealth Management LLC

Gilpin Wealth Management LLC purchased a new position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF (NYSEARCA:FLRN) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 104,341 shares of the company’s stock, valued at approximately $3,206,000. SPDR Bloomberg Investment Grade Floating Rate ETF accounts for about 2.5% of Gilpin Wealth Management LLC’s holdings, making the stock its 7th largest position. Gilpin Wealth Management LLC owned about 0.12% of SPDR Bloomberg Investment Grade Floating Rate ETF at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Wealthfront Advisers LLC increased its position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 20.8% in the 4th quarter. Wealthfront Advisers LLC now owns 4,935,059 shares of the company’s stock worth $151,654,000 after purchasing an additional 848,337 shares during the last quarter. Bank of America Corp DE increased its position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 10.4% in the 2nd quarter. Bank of America Corp DE now owns 1,935,009 shares of the company’s stock worth $59,656,000 after purchasing an additional 182,087 shares during the last quarter. Envestnet Asset Management Inc. increased its position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 20.4% in the 3rd quarter. Envestnet Asset Management Inc. now owns 1,342,286 shares of the company’s stock worth $41,423,000 after purchasing an additional 227,748 shares during the last quarter. JPMorgan Chase & Co. increased its position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 474.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,306,086 shares of the company’s stock worth $40,306,000 after purchasing an additional 1,078,702 shares during the last quarter. Finally, Curbstone Financial Management Corp increased its position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 4.6% in the 4th quarter. Curbstone Financial Management Corp now owns 1,257,076 shares of the company’s stock worth $38,630,000 after purchasing an additional 55,100 shares during the last quarter.

SPDR Bloomberg Investment Grade Floating Rate ETF Price Performance

FLRN opened at $30.77 on Thursday. The company has a 50-day moving average of $30.77 and a 200-day moving average of $30.77. SPDR Bloomberg Investment Grade Floating Rate ETF has a 1-year low of $30.63 and a 1-year high of $30.86.

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.