SPDR Bloomberg Investment Grade Floating Rate ETF $FLRN Shares Purchased by Prime Capital Investment Advisors LLC

Prime Capital Investment Advisors LLC grew its stake in SPDR Bloomberg Investment Grade Floating Rate ETF (NYSEARCA:FLRN) by 4.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 426,229 shares of the company’s stock after purchasing an additional 16,486 shares during the quarter. Prime Capital Investment Advisors LLC owned approximately 0.49% of SPDR Bloomberg Investment Grade Floating Rate ETF worth $13,153,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Synergy Asset Management LLC increased its position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 200.0% during the 3rd quarter. Synergy Asset Management LLC now owns 30,000 shares of the company’s stock worth $925,000 after purchasing an additional 20,000 shares during the last quarter. Carr Financial Group Corp raised its stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 112.3% in the 3rd quarter. Carr Financial Group Corp now owns 69,864 shares of the company’s stock valued at $2,156,000 after acquiring an additional 36,952 shares during the period. Curbstone Financial Management Corp boosted its position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 7.5% during the third quarter. Curbstone Financial Management Corp now owns 1,201,976 shares of the company’s stock worth $37,093,000 after buying an additional 83,830 shares during the period. Penobscot Investment Management Company Inc. lifted its position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 7.8% during the third quarter. Penobscot Investment Management Company Inc. now owns 509,483 shares of the company’s stock worth $15,723,000 after purchasing an additional 36,813 shares in the last quarter. Finally, New England Capital Financial Advisors LLC lifted its holdings in SPDR Bloomberg Investment Grade Floating Rate ETF by 7.7% during the 2nd quarter. New England Capital Financial Advisors LLC now owns 110,589 shares of the company’s stock worth $3,409,000 after buying an additional 7,902 shares in the last quarter.

SPDR Bloomberg Investment Grade Floating Rate ETF Trading Up 0.0%

Shares of SPDR Bloomberg Investment Grade Floating Rate ETF stock traded up $0.02 during trading hours on Friday, hitting $30.78. The company had a trading volume of 13,506 shares, compared to its average volume of 926,478. The company’s 50-day moving average is $30.77 and its two-hundred day moving average is $30.79. SPDR Bloomberg Investment Grade Floating Rate ETF has a twelve month low of $30.01 and a twelve month high of $30.87.

SPDR Bloomberg Investment Grade Floating Rate ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were paid a $0.1083 dividend. This represents a c) annualized dividend and a yield of 4.2%. The ex-dividend date of this dividend was Monday, February 2nd.

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.