New England Capital Financial Advisors LLC Has $3.41 Million Holdings in SPDR Bloomberg Investment Grade Floating Rate ETF $FLRN

New England Capital Financial Advisors LLC raised its position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF (NYSEARCA:FLRN) by 7.7% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 110,589 shares of the company’s stock after buying an additional 7,902 shares during the quarter. SPDR Bloomberg Investment Grade Floating Rate ETF accounts for 1.6% of New England Capital Financial Advisors LLC’s portfolio, making the stock its 15th largest position. New England Capital Financial Advisors LLC’s holdings in SPDR Bloomberg Investment Grade Floating Rate ETF were worth $3,409,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in FLRN. Ameriprise Financial Inc. raised its holdings in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 11.0% during the first quarter. Ameriprise Financial Inc. now owns 4,002,178 shares of the company’s stock valued at $123,351,000 after acquiring an additional 397,516 shares during the period. TIAA Trust National Association grew its position in SPDR Bloomberg Investment Grade Floating Rate ETF by 32.4% during the 1st quarter. TIAA Trust National Association now owns 1,139,150 shares of the company’s stock worth $35,109,000 after purchasing an additional 278,447 shares in the last quarter. Envestnet Asset Management Inc. grew its position in SPDR Bloomberg Investment Grade Floating Rate ETF by 12.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,114,538 shares of the company’s stock worth $34,361,000 after purchasing an additional 126,653 shares in the last quarter. Milestone Asset Management LLC raised its stake in SPDR Bloomberg Investment Grade Floating Rate ETF by 25.9% during the 2nd quarter. Milestone Asset Management LLC now owns 1,057,565 shares of the company’s stock valued at $32,605,000 after purchasing an additional 217,572 shares during the period. Finally, Facet Wealth Inc. raised its stake in SPDR Bloomberg Investment Grade Floating Rate ETF by 4.7% during the 2nd quarter. Facet Wealth Inc. now owns 1,025,445 shares of the company’s stock valued at $31,625,000 after purchasing an additional 46,447 shares during the period.

SPDR Bloomberg Investment Grade Floating Rate ETF Stock Up 0.1%

Shares of SPDR Bloomberg Investment Grade Floating Rate ETF stock opened at $30.81 on Friday. The business has a fifty day simple moving average of $30.79 and a 200-day simple moving average of $30.77. SPDR Bloomberg Investment Grade Floating Rate ETF has a 12 month low of $30.01 and a 12 month high of $30.88.

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.