Prevail Innovative Wealth Advisors LLC Grows Position in SPDR Bloomberg Investment Grade Floating Rate ETF $FLRN

Prevail Innovative Wealth Advisors LLC raised its stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF (NYSEARCA:FLRN) by 51.4% during the 3rd quarter, Holdings Channel.com reports. The fund owned 51,706 shares of the company’s stock after acquiring an additional 17,553 shares during the period. Prevail Innovative Wealth Advisors LLC’s holdings in SPDR Bloomberg Investment Grade Floating Rate ETF were worth $1,596,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. Miracle Mile Advisors LLC grew its stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 5.2% in the 3rd quarter. Miracle Mile Advisors LLC now owns 8,794 shares of the company’s stock worth $271,000 after acquiring an additional 432 shares in the last quarter. First National Corp MA ADV lifted its position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 0.7% during the third quarter. First National Corp MA ADV now owns 73,650 shares of the company’s stock valued at $2,264,000 after purchasing an additional 528 shares in the last quarter. Valpey Financial Services LLC lifted its position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 5.7% during the third quarter. Valpey Financial Services LLC now owns 10,112 shares of the company’s stock valued at $312,000 after purchasing an additional 545 shares in the last quarter. PFG Investments LLC boosted its holdings in SPDR Bloomberg Investment Grade Floating Rate ETF by 8.3% during the third quarter. PFG Investments LLC now owns 7,471 shares of the company’s stock worth $231,000 after purchasing an additional 571 shares during the last quarter. Finally, Generation Capital Management LLC boosted its holdings in SPDR Bloomberg Investment Grade Floating Rate ETF by 0.5% during the third quarter. Generation Capital Management LLC now owns 112,397 shares of the company’s stock worth $3,469,000 after purchasing an additional 607 shares during the last quarter.

SPDR Bloomberg Investment Grade Floating Rate ETF Trading Up 0.0%

NYSEARCA:FLRN opened at $30.74 on Monday. SPDR Bloomberg Investment Grade Floating Rate ETF has a 52 week low of $30.01 and a 52 week high of $30.86. The firm has a 50-day moving average price of $30.78 and a two-hundred day moving average price of $30.79.

SPDR Bloomberg Investment Grade Floating Rate ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were paid a $0.0994 dividend. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a yield of 3.9%.

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.