International Assets Investment Management LLC Buys 118,570 Shares of SPDR Bloomberg Investment Grade Floating Rate ETF $FLRN

International Assets Investment Management LLC increased its position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF (NYSEARCA:FLRN) by 721.7% during the 3rd quarter, Holdings Channel.com reports. The firm owned 135,000 shares of the company’s stock after buying an additional 118,570 shares during the quarter. International Assets Investment Management LLC’s holdings in SPDR Bloomberg Investment Grade Floating Rate ETF were worth $4,163,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in FLRN. Toth Financial Advisory Corp acquired a new stake in SPDR Bloomberg Investment Grade Floating Rate ETF in the third quarter worth approximately $25,000. Evolution Wealth Management Inc. acquired a new position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF during the 1st quarter valued at $50,000. Integrated Wealth Concepts LLC acquired a new position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF during the 2nd quarter valued at $54,000. Coastline Trust Co bought a new stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF in the 3rd quarter worth $61,000. Finally, Laurel Wealth Advisors LLC bought a new stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF in the 3rd quarter worth $71,000.

SPDR Bloomberg Investment Grade Floating Rate ETF Stock Performance

Shares of SPDR Bloomberg Investment Grade Floating Rate ETF stock opened at $30.82 on Monday. The business has a fifty day simple moving average of $30.79 and a 200-day simple moving average of $30.78. SPDR Bloomberg Investment Grade Floating Rate ETF has a fifty-two week low of $30.63 and a fifty-two week high of $30.87.

SPDR Bloomberg Investment Grade Floating Rate ETF Company 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.