Sovran Advisors LLC Decreases Stock Holdings in SPDR Bloomberg Investment Grade Floating Rate ETF $FLRN

Sovran Advisors LLC reduced its holdings in shares of SPDR Bloomberg Investment Grade Floating Rate ETF (NYSEARCA:FLRN) by 85.4% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 13,838 shares of the company’s stock after selling 81,070 shares during the quarter. Sovran Advisors LLC’s holdings in SPDR Bloomberg Investment Grade Floating Rate ETF were worth $427,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. PFG Investments LLC raised its stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 8.3% during the 3rd 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 period. Envestnet Portfolio Solutions Inc. increased its holdings in SPDR Bloomberg Investment Grade Floating Rate ETF by 26.2% during the third quarter. Envestnet Portfolio Solutions Inc. now owns 11,606 shares of the company’s stock worth $358,000 after buying an additional 2,408 shares during the last quarter. Facet Wealth Inc. increased its holdings in SPDR Bloomberg Investment Grade Floating Rate ETF by 1.3% during the third quarter. Facet Wealth Inc. now owns 1,038,393 shares of the company’s stock worth $32,045,000 after buying an additional 12,948 shares during the last quarter. Ridgewood Investments LLC raised its position in SPDR Bloomberg Investment Grade Floating Rate ETF by 38.7% in the third quarter. Ridgewood Investments LLC now owns 94,637 shares of the company’s stock worth $2,921,000 after acquiring an additional 26,408 shares during the period. Finally, Providence First Trust Co boosted its stake in SPDR Bloomberg Investment Grade Floating Rate ETF by 1.7% in the third quarter. Providence First Trust Co now owns 505,432 shares of the company’s stock valued at $15,598,000 after acquiring an additional 8,525 shares during the last quarter.

SPDR Bloomberg Investment Grade Floating Rate ETF Price Performance

SPDR Bloomberg Investment Grade Floating Rate ETF stock opened at $30.84 on Thursday. SPDR Bloomberg Investment Grade Floating Rate ETF has a twelve month low of $30.01 and a twelve month high of $30.88. The firm has a 50 day moving average price of $30.77 and a 200-day moving average price of $30.79.

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.