1,800,555 Shares of SPDR Bloomberg Investment Grade Floating Rate ETF $FLRN Bought by New York Life Investment Management LLC

New York Life Investment Management LLC purchased a new position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF (NYSEARCA:FLRN) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm purchased 1,800,555 shares of the company’s stock, valued at approximately $55,529,000. New York Life Investment Management LLC owned about 1.76% of SPDR Bloomberg Investment Grade Floating Rate ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Toth Financial Advisory Corp purchased a new position in SPDR Bloomberg Investment Grade Floating Rate ETF in the 3rd quarter worth approximately $25,000. Integrated Wealth Concepts LLC purchased a new stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF during the second quarter valued at approximately $54,000. Coastline Trust Co bought a new position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF in the third quarter worth approximately $61,000. Laurel Wealth Advisors LLC bought a new position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF in the third quarter worth approximately $71,000. Finally, Ashton Thomas Securities LLC bought a new position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF in the third quarter worth approximately $120,000.

SPDR Bloomberg Investment Grade Floating Rate ETF Price Performance

Shares of NYSEARCA FLRN opened at $30.74 on Wednesday. SPDR Bloomberg Investment Grade Floating Rate ETF has a 52 week low of $30.63 and a 52 week high of $30.87. The firm’s fifty day moving average is $30.78 and its 200 day moving average is $30.78.

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.