Calton & Associates Inc. Has $8.99 Million Holdings in SPDR Bloomberg Investment Grade Floating Rate ETF $FLRN

Calton & Associates Inc. grew its holdings in shares of SPDR Bloomberg Investment Grade Floating Rate ETF (NYSEARCA:FLRN) by 18.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 291,405 shares of the company’s stock after acquiring an additional 45,314 shares during the quarter. SPDR Bloomberg Investment Grade Floating Rate ETF accounts for approximately 1.3% of Calton & Associates Inc.’s investment portfolio, making the stock its 16th largest position. Calton & Associates Inc. owned 0.34% of SPDR Bloomberg Investment Grade Floating Rate ETF worth $8,993,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the stock. Ashton Thomas Securities LLC acquired a new position in SPDR Bloomberg Investment Grade Floating Rate ETF during the 3rd quarter worth approximately $60,000. Caldwell Trust Co acquired a new position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF during the second quarter worth $94,000. IFP Advisors Inc lifted its stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 122.5% in the 2nd quarter. IFP Advisors Inc now owns 5,200 shares of the company’s stock valued at $160,000 after acquiring an additional 2,863 shares during the last quarter. GoalVest Advisory LLC acquired a new stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF during the 2nd quarter valued at $163,000. Finally, Strategic Financial Concepts LLC bought a new stake in SPDR Bloomberg Investment Grade Floating Rate ETF during the 2nd quarter worth $206,000.

SPDR Bloomberg Investment Grade Floating Rate ETF Trading Up 0.1%

SPDR Bloomberg Investment Grade Floating Rate ETF stock opened at $30.79 on Friday. SPDR Bloomberg Investment Grade Floating Rate ETF has a 12 month low of $30.01 and a 12 month high of $30.87. The stock has a 50-day moving average price of $30.77 and a two-hundred day moving average price of $30.78.

SPDR Bloomberg Investment Grade Floating Rate ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were given a dividend of $0.1083 per share. The ex-dividend date was Monday, February 2nd. This represents a c) annualized dividend and a yield of 4.2%.

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.