Appleton Partners Inc. MA Trims Position in SPDR Bloomberg Investment Grade Floating Rate ETF $FLRN

Appleton Partners Inc. MA trimmed its position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF (NYSEARCA:FLRN) by 6.0% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 448,206 shares of the company’s stock after selling 28,777 shares during the period. SPDR Bloomberg Investment Grade Floating Rate ETF accounts for 1.0% of Appleton Partners Inc. MA’s portfolio, making the stock its 27th largest holding. Appleton Partners Inc. MA’s holdings in SPDR Bloomberg Investment Grade Floating Rate ETF were worth $13,796,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Cornerstone Planning Group LLC lifted its position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 431.9% in the fourth quarter. Cornerstone Planning Group LLC now owns 1,000 shares of the company’s stock valued at $31,000 after acquiring an additional 812 shares in the last quarter. SHP Wealth Management purchased a new stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF during the fourth quarter worth about $34,000. Quest 10 Wealth Builders Inc. grew its position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 11,141.7% during the fourth quarter. Quest 10 Wealth Builders Inc. now owns 1,349 shares of the company’s stock worth $41,000 after purchasing an additional 1,337 shares in the last quarter. Evolution Wealth Management Inc. bought a new stake in SPDR Bloomberg Investment Grade Floating Rate ETF during the 1st quarter valued at approximately $50,000. Finally, Greykasell Wealth Strategies Inc. raised its stake in SPDR Bloomberg Investment Grade Floating Rate ETF by 69.1% during the 4th quarter. Greykasell Wealth Strategies Inc. now owns 1,664 shares of the company’s stock valued at $51,000 after purchasing an additional 680 shares during the period.

SPDR Bloomberg Investment Grade Floating Rate ETF Price Performance

NYSEARCA FLRN opened at $30.76 on Monday. The stock’s 50 day moving average is $30.80 and its 200 day 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 $30.87.

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.