Kovitz Investment Group Partners LLC Lowers Holdings in SPDR Bloomberg Investment Grade Floating Rate ETF $FLRN

Kovitz Investment Group Partners LLC decreased its position in SPDR Bloomberg Investment Grade Floating Rate ETF (NYSEARCA:FLRN) by 37.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 218,943 shares of the company’s stock after selling 133,620 shares during the period. Kovitz Investment Group Partners LLC owned approximately 0.24% of SPDR Bloomberg Investment Grade Floating Rate ETF worth $6,728,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Stratos Investment Management LLC increased its position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 5.2% during the fourth quarter. Stratos Investment Management LLC now owns 920,342 shares of the company’s stock valued at $28,282,000 after acquiring an additional 45,548 shares in the last quarter. Farther Finance Advisors LLC raised its holdings in SPDR Bloomberg Investment Grade Floating Rate ETF by 10.2% in the 4th quarter. Farther Finance Advisors LLC now owns 810,578 shares of the company’s stock worth $24,909,000 after acquiring an additional 75,296 shares during the last quarter. Legacy Capital Wealth Partners LLC purchased a new position in SPDR Bloomberg Investment Grade Floating Rate ETF in the 4th quarter worth approximately $539,000. MFA Wealth Advisors LLC lifted its position in SPDR Bloomberg Investment Grade Floating Rate ETF by 6.5% in the 4th quarter. MFA Wealth Advisors LLC now owns 732,753 shares of the company’s stock valued at $22,518,000 after acquiring an additional 44,722 shares in the last quarter. Finally, Curbstone Financial Management Corp lifted its position in 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 valued at $38,630,000 after acquiring an additional 55,100 shares in the last quarter.

SPDR Bloomberg Investment Grade Floating Rate ETF Stock Performance

Shares of FLRN opened at $30.82 on Friday. The business’s fifty day simple moving average is $30.78 and its two-hundred day simple moving average is $30.77. SPDR Bloomberg Investment Grade Floating Rate ETF has a 12 month low of $30.63 and a 12 month 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.