SPDR Bloomberg Investment Grade Floating Rate ETF $FLRN Shares Purchased by Cetera Investment Advisers

Cetera Investment Advisers increased its holdings in SPDR Bloomberg Investment Grade Floating Rate ETF (NYSEARCA:FLRN) by 64.5% in the 1st quarter, HoldingsChannel reports. The fund owned 555,484 shares of the company’s stock after purchasing an additional 217,878 shares during the quarter. Cetera Investment Advisers’ holdings in SPDR Bloomberg Investment Grade Floating Rate ETF were worth $17,098,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Koshinski Asset Management Inc. lifted its stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 2.9% in the 1st quarter. Koshinski Asset Management Inc. now owns 12,881 shares of the company’s stock valued at $396,000 after purchasing an additional 365 shares during the last quarter. Portland Financial Advisors Inc grew its holdings in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 1.0% during the 4th quarter. Portland Financial Advisors Inc now owns 41,042 shares of the company’s stock worth $1,261,000 after purchasing an additional 408 shares during the period. Corient Private Wealth LLC increased its position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 2.3% during the 4th quarter. Corient Private Wealth LLC now owns 20,333 shares of the company’s stock worth $625,000 after purchasing an additional 458 shares during the last quarter. Cornerstone Advisors Asset Management LLC increased its position in shares of 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 purchasing an additional 487 shares during the last quarter. Finally, AlphaCentric Advisors LLC raised its holdings in SPDR Bloomberg Investment Grade Floating Rate ETF by 13.7% in the 1st quarter. AlphaCentric Advisors LLC now owns 4,337 shares of the company’s stock valued at $133,000 after buying an additional 521 shares during the period.

SPDR Bloomberg Investment Grade Floating Rate ETF Stock Down 0.0%

NYSEARCA FLRN opened at $30.83 on Wednesday. The firm’s 50-day moving average is $30.80 and its two-hundred day moving average is $30.78. 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.