BCS Wealth Management Lowers Stock Holdings in SPDR Bloomberg Investment Grade Floating Rate ETF $FLRN

BCS Wealth Management decreased its stake in SPDR Bloomberg Investment Grade Floating Rate ETF (NYSEARCA:FLRN) by 51.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 92,882 shares of the company’s stock after selling 97,537 shares during the quarter. BCS Wealth Management’s holdings in SPDR Bloomberg Investment Grade Floating Rate ETF were worth $2,859,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of FLRN. Chesley Taft & Associates LLC raised its position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 1.0% during the 4th quarter. Chesley Taft & Associates LLC now owns 41,100 shares of the company’s stock worth $1,263,000 after purchasing an additional 400 shares during the last quarter. Portland Financial Advisors Inc lifted its stake in SPDR Bloomberg Investment Grade Floating Rate ETF by 1.0% in the 4th quarter. Portland Financial Advisors Inc now owns 41,042 shares of the company’s stock valued at $1,261,000 after buying an additional 408 shares in the last quarter. Corient Private Wealth LLC boosted its holdings in SPDR Bloomberg Investment Grade Floating Rate ETF by 2.3% in the 4th quarter. Corient Private Wealth LLC now owns 20,333 shares of the company’s stock worth $625,000 after buying an additional 458 shares during the last quarter. Cornerstone Advisors Asset Management LLC increased its stake in SPDR Bloomberg Investment Grade Floating Rate ETF by 3.8% during the 4th quarter. Cornerstone Advisors Asset Management LLC now owns 13,367 shares of the company’s stock worth $411,000 after buying an additional 487 shares in the last quarter. Finally, MML Investors Services LLC increased its stake in SPDR Bloomberg Investment Grade Floating Rate ETF by 0.3% during the 4th quarter. MML Investors Services LLC now owns 208,228 shares of the company’s stock worth $6,399,000 after buying an additional 528 shares in the last quarter.

SPDR Bloomberg Investment Grade Floating Rate ETF Price Performance

Shares of SPDR Bloomberg Investment Grade Floating Rate ETF stock opened at $30.82 on Wednesday. The business has a 50 day simple moving average of $30.79 and a two-hundred day simple moving average of $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 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.