American Financial Advisors LLC lessened its stake in shares of SPDR Bloomberg Barclays Investment Grade Floating Rate ETF (NYSEARCA:FLRN) by 96.7% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,209 shares of the company’s stock after selling 417,233 shares during the period. American Financial Advisors LLC’s holdings in SPDR Bloomberg Barclays Investment Grade Floating Rate ETF were worth $436,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the stock. Harbor Advisory Corp MA increased its position in SPDR Bloomberg Barclays Investment Grade Floating Rate ETF by 18.9% during the 1st quarter. Harbor Advisory Corp MA now owns 502,865 shares of the company’s stock valued at $15,438,000 after buying an additional 79,770 shares in the last quarter. G&S Capital LLC bought a new position in SPDR Bloomberg Barclays Investment Grade Floating Rate ETF during the 1st quarter valued at approximately $31,000. Bay Harbor Wealth Management LLC bought a new position in SPDR Bloomberg Barclays Investment Grade Floating Rate ETF during the 1st quarter valued at approximately $304,000. Financial Gravity Wealth Inc. bought a new position in SPDR Bloomberg Barclays Investment Grade Floating Rate ETF during the 1st quarter valued at approximately $679,000. Finally, Q3 Asset Management bought a new position in SPDR Bloomberg Barclays Investment Grade Floating Rate ETF during the 1st quarter valued at approximately $152,000.

FLRN stock traded up $0.02 on Tuesday, reaching $30.71. 847,278 shares of the company traded hands, compared to its average volume of 1,542,757. SPDR Bloomberg Barclays Investment Grade Floating Rate ETF has a one year low of $30.21 and a one year high of $30.81.

The business also recently disclosed a monthly dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were given a dividend of $0.0797 per share. This represents a $0.96 dividend on an annualized basis and a yield of 3.12%. The ex-dividend date was Monday, April 1st. This is a positive change from SPDR Bloomberg Barclays Investment Grade Floating Rate ETF’s previous monthly dividend of $0.07.

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Institutional Ownership by Quarter for SPDR Bloomberg Barclays Investment Grade Floating Rate ETF (NYSEARCA:FLRN)

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