International Assets Investment Management LLC Sells 28,233 Shares of SPDR Bloomberg Investment Grade Floating Rate ETF $FLRN

International Assets Investment Management LLC cut its stake in SPDR Bloomberg Investment Grade Floating Rate ETF (NYSEARCA:FLRN) by 58.3% in the 4th quarter, Holdings Channel.com reports. The fund owned 20,169 shares of the company’s stock after selling 28,233 shares during the quarter. International Assets Investment Management LLC’s holdings in SPDR Bloomberg Investment Grade Floating Rate ETF were worth $620,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Stratos Investment Management LLC raised its stake in SPDR Bloomberg Investment Grade Floating Rate ETF by 5.2% in the fourth quarter. Stratos Investment Management LLC now owns 920,342 shares of the company’s stock valued at $28,282,000 after purchasing an additional 45,548 shares in the last quarter. Farther Finance Advisors LLC grew its stake in SPDR Bloomberg Investment Grade Floating Rate ETF by 10.2% during the fourth quarter. Farther Finance Advisors LLC now owns 810,578 shares of the company’s stock worth $24,909,000 after buying an additional 75,296 shares in the last quarter. Avity Investment Management Inc. increased its holdings in SPDR Bloomberg Investment Grade Floating Rate ETF by 11.9% in the 3rd quarter. Avity Investment Management Inc. now owns 159,263 shares of the company’s stock valued at $4,915,000 after buying an additional 16,900 shares during the period. Envestnet Asset Management Inc. increased its holdings in SPDR Bloomberg Investment Grade Floating Rate ETF by 20.4% in the 3rd quarter. Envestnet Asset Management Inc. now owns 1,342,286 shares of the company’s stock valued at $41,423,000 after buying an additional 227,748 shares during the period. Finally, Warner Group LLC acquired a new position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF in the 3rd quarter valued at approximately $2,353,000.

SPDR Bloomberg Investment Grade Floating Rate ETF Price Performance

Shares of NYSEARCA FLRN opened at $30.76 on Monday. SPDR Bloomberg Investment Grade Floating Rate ETF has a 12 month low of $30.63 and a 12 month high of $30.86. The stock has a 50-day moving average price of $30.75 and a two-hundred day moving average price of $30.77.

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.