Valpey Financial Services LLC Acquires Shares of 9,567 SPDR Bloomberg Investment Grade Floating Rate ETF $FLRN

Valpey Financial Services LLC bought a new position in SPDR Bloomberg Investment Grade Floating Rate ETF (NYSEARCA:FLRN) during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 9,567 shares of the company’s stock, valued at approximately $295,000.

Other hedge funds also recently made changes to their positions in the company. Ameriprise Financial Inc. grew its holdings in SPDR Bloomberg Investment Grade Floating Rate ETF by 11.0% during the 1st quarter. Ameriprise Financial Inc. now owns 4,002,178 shares of the company’s stock valued at $123,351,000 after buying an additional 397,516 shares in the last quarter. TIAA Trust National Association grew its holdings in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 32.4% in the first quarter. TIAA Trust National Association now owns 1,139,150 shares of the company’s stock valued at $35,109,000 after purchasing an additional 278,447 shares in the last quarter. Curbstone Financial Management Corp raised its stake in SPDR Bloomberg Investment Grade Floating Rate ETF by 5.4% during the first quarter. Curbstone Financial Management Corp now owns 1,125,116 shares of the company’s stock valued at $34,676,000 after purchasing an additional 57,800 shares in the last quarter. Farther Finance Advisors LLC raised its stake in SPDR Bloomberg Investment Grade Floating Rate ETF by 307.7% during the second quarter. Farther Finance Advisors LLC now owns 473,705 shares of the company’s stock valued at $14,604,000 after purchasing an additional 357,518 shares in the last quarter. Finally, Penobscot Investment Management Company Inc. lifted its position in SPDR Bloomberg Investment Grade Floating Rate ETF by 24.3% during the second quarter. Penobscot Investment Management Company Inc. now owns 472,670 shares of the company’s stock valued at $14,572,000 after purchasing an additional 92,480 shares during the last quarter.

SPDR Bloomberg Investment Grade Floating Rate ETF Stock Performance

SPDR Bloomberg Investment Grade Floating Rate ETF stock opened at $30.75 on Monday. The company’s 50-day moving average price is $30.80 and its 200-day moving average price is $30.74. SPDR Bloomberg Investment Grade Floating Rate ETF has a twelve month low of $30.01 and a twelve month high of $30.88.

SPDR Bloomberg Investment Grade Floating Rate ETF 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.