Magnus Financial Group LLC Buys 18,721 Shares of SPDR Bloomberg Investment Grade Floating Rate ETF $FLRN

Magnus Financial Group LLC bought a new position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF (NYSEARCA:FLRN) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 18,721 shares of the company’s stock, valued at approximately $577,000.

Other large investors have also recently made changes to their positions in the company. Toth Financial Advisory Corp bought a new position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF in the third quarter worth about $25,000. SHP Wealth Management purchased a new position in SPDR Bloomberg Investment Grade Floating Rate ETF in the 4th quarter worth about $34,000. Evolution Wealth Management Inc. purchased a new position in SPDR Bloomberg Investment Grade Floating Rate ETF in the 1st quarter worth about $50,000. Integrated Wealth Concepts LLC purchased a new position in SPDR Bloomberg Investment Grade Floating Rate ETF in the 2nd quarter worth about $54,000. Finally, Coastline Trust Co bought a new stake in SPDR Bloomberg Investment Grade Floating Rate ETF during the 3rd quarter valued at about $61,000.

SPDR Bloomberg Investment Grade Floating Rate ETF Stock Performance

Shares of FLRN opened at $30.80 on Friday. SPDR Bloomberg Investment Grade Floating Rate ETF has a 1-year low of $30.63 and a 1-year high of $30.87. The company has a 50-day moving average of $30.79 and a 200 day moving average of $30.79.

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.