WCG Wealth Advisors LLC Purchases Shares of 27,717 SPDR Bloomberg Investment Grade Floating Rate ETF $FLRN

WCG Wealth Advisors LLC purchased a new stake in SPDR Bloomberg Investment Grade Floating Rate ETF (NYSEARCA:FLRN) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 27,717 shares of the company’s stock, valued at approximately $852,000.

Other hedge funds also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 474.4% in the third quarter. JPMorgan Chase & Co. now owns 1,306,086 shares of the company’s stock worth $40,306,000 after acquiring an additional 1,078,702 shares during the period. Wealthfront Advisers LLC raised its position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 20.8% in the fourth quarter. Wealthfront Advisers LLC now owns 4,935,059 shares of the company’s stock worth $151,654,000 after acquiring an additional 848,337 shares during the period. Jane Street Group LLC acquired a new position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF in the second quarter worth about $10,679,000. Valpey Financial Services LLC raised its position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 3,198.5% in the fourth quarter. Valpey Financial Services LLC now owns 333,542 shares of the company’s stock worth $10,854,000 after acquiring an additional 323,430 shares during the period. Finally, New York Life Investment Management LLC raised its position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 21.9% in the third quarter. New York Life Investment Management LLC now owns 1,568,286 shares of the company’s stock worth $48,397,000 after acquiring an additional 281,908 shares during the period.

SPDR Bloomberg Investment Grade Floating Rate ETF Stock Performance

Shares of SPDR Bloomberg Investment Grade Floating Rate ETF stock opened at $30.76 on Friday. The firm has a 50-day simple moving average of $30.77 and a two-hundred day simple moving average 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 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.