SPDR Bloomberg Investment Grade Floating Rate ETF $FLRN Shares Sold by Cherry Tree Wealth Management LLC

Cherry Tree Wealth Management LLC lowered its holdings in SPDR Bloomberg Investment Grade Floating Rate ETF (NYSEARCA:FLRN) by 13.3% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 378,098 shares of the company’s stock after selling 57,848 shares during the quarter. SPDR Bloomberg Investment Grade Floating Rate ETF comprises 2.2% of Cherry Tree Wealth Management LLC’s investment portfolio, making the stock its 12th biggest holding. Cherry Tree Wealth Management LLC owned about 0.38% of SPDR Bloomberg Investment Grade Floating Rate ETF worth $11,664,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. SHP Wealth Management acquired a new position in SPDR Bloomberg Investment Grade Floating Rate ETF in the fourth quarter valued at approximately $34,000. Evolution Wealth Management Inc. acquired a new stake in SPDR Bloomberg Investment Grade Floating Rate ETF during the first quarter worth approximately $50,000. Greykasell Wealth Strategies Inc. lifted its position in shares of 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 worth $51,000 after buying an additional 680 shares during the last quarter. Integrated Wealth Concepts LLC purchased a new stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF during the 2nd quarter worth approximately $54,000. Finally, Webster Bank N. A. boosted its holdings in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 100.1% in the 1st quarter. Webster Bank N. A. now owns 3,250 shares of the company’s stock valued at $100,000 after buying an additional 1,626 shares in the last quarter.

SPDR Bloomberg Investment Grade Floating Rate ETF Trading Down 0.0%

Shares of NYSEARCA FLRN traded down $0.01 during mid-day trading on Tuesday, reaching $30.79. The company had a trading volume of 373,351 shares, compared to its average volume of 1,133,292. The firm has a 50 day simple moving average of $30.79 and a two-hundred day simple moving average of $30.78. SPDR Bloomberg Investment Grade Floating Rate ETF has a 52-week low of $30.63 and a 52-week 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.