Capital Investment Advisors LLC reduced its stake in SPDR Bloomberg Barclays Investment Grade Floating Rate ETF (NYSEARCA:FLRN) by 0.8% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 709,331 shares of the company’s stock after selling 5,718 shares during the period. SPDR Bloomberg Barclays Investment Grade Floating Rate ETF makes up approximately 1.3% of Capital Investment Advisors LLC’s investment portfolio, making the stock its 16th biggest position. Capital Investment Advisors LLC owned about 0.53% of SPDR Bloomberg Barclays Investment Grade Floating Rate ETF worth $21,776,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the stock. Bank of New York Mellon Corp boosted its stake in SPDR Bloomberg Barclays Investment Grade Floating Rate ETF by 107.5% during the 3rd quarter. Bank of New York Mellon Corp now owns 269,646 shares of the company’s stock valued at $8,303,000 after purchasing an additional 139,681 shares during the period. Blue Edge Capital LLC boosted its stake in SPDR Bloomberg Barclays Investment Grade Floating Rate ETF by 14.2% during the 3rd quarter. Blue Edge Capital LLC now owns 219,054 shares of the company’s stock valued at $6,745,000 after purchasing an additional 27,207 shares during the period. M Holdings Securities Inc. bought a new stake in SPDR Bloomberg Barclays Investment Grade Floating Rate ETF during the 3rd quarter valued at approximately $2,229,000. Albion Financial Group UT boosted its stake in SPDR Bloomberg Barclays Investment Grade Floating Rate ETF by 7.9% during the 3rd quarter. Albion Financial Group UT now owns 59,218 shares of the company’s stock valued at $1,823,000 after purchasing an additional 4,357 shares during the period. Finally, Strategic Wealth Partners Ltd. boosted its stake in SPDR Bloomberg Barclays Investment Grade Floating Rate ETF by 7.7% during the 3rd quarter. Strategic Wealth Partners Ltd. now owns 161,716 shares of the company’s stock valued at $4,979,000 after purchasing an additional 11,562 shares during the period.

Shares of FLRN traded down $0.01 during mid-day trading on Thursday, reaching $30.67. The company had a trading volume of 2,159 shares, compared to its average volume of 1,588,075. SPDR Bloomberg Barclays Investment Grade Floating Rate ETF has a twelve month low of $30.21 and a twelve month high of $30.81.

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

COPYRIGHT VIOLATION NOTICE: “Capital Investment Advisors LLC Sells 5,718 Shares of SPDR Bloomberg Barclays Investment Grade Floating Rate ETF (FLRN)” was originally published by Watch List News and is owned by of Watch List News. If you are accessing this piece of content on another publication, it was stolen and reposted in violation of US & international trademark and copyright laws. The original version of this piece of content can be viewed at https://www.watchlistnews.com/capital-investment-advisors-llc-sells-5718-shares-of-spdr-bloomberg-barclays-investment-grade-floating-rate-etf-flrn/2955515.html.

Further Reading: What does the Dow Jones Industrial Average (DJIA) measure?

Want to see what other hedge funds are holding FLRN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Bloomberg Barclays Investment Grade Floating Rate ETF (NYSEARCA:FLRN).

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

Receive News & Ratings for SPDR Bloomberg Barclays Investment Grade Floating Rate ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Bloomberg Barclays Investment Grade Floating Rate ETF and related companies with MarketBeat.com's FREE daily email newsletter.