TritonPoint Partners LLC Invests $636,000 in SPDR Bloomberg Investment Grade Floating Rate ETF $FLRN

TritonPoint Partners LLC acquired a new position in SPDR Bloomberg Investment Grade Floating Rate ETF (NYSEARCA:FLRN) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 20,700 shares of the company’s stock, valued at approximately $636,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of FLRN. Cornerstone Planning Group LLC increased its stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 431.9% in the fourth quarter. Cornerstone Planning Group LLC now owns 1,000 shares of the company’s stock worth $31,000 after purchasing an additional 812 shares in the last quarter. Quest 10 Wealth Builders Inc. increased its stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 11,141.7% in the fourth quarter. Quest 10 Wealth Builders Inc. now owns 1,349 shares of the company’s stock worth $41,000 after purchasing an additional 1,337 shares in the last quarter. Caitlin John LLC purchased a new stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF in the third quarter worth $45,000. Greykasell Wealth Strategies Inc. increased its stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 69.1% in the fourth quarter. Greykasell Wealth Strategies Inc. now owns 1,664 shares of the company’s stock worth $51,000 after purchasing an additional 680 shares in the last quarter. Finally, Advisory Services Network LLC purchased a new stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF in the third quarter worth $77,000.

SPDR Bloomberg Investment Grade Floating Rate ETF Stock Performance

Shares of NYSEARCA:FLRN opened at $30.79 on Monday. The firm has a fifty day moving average price of $30.77 and a 200 day moving average price of $30.77. SPDR Bloomberg Investment Grade Floating Rate ETF has a fifty-two week low of $30.63 and a fifty-two week high of $30.86.

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.