Valpey Financial Services LLC Increases Stake in SPDR Bloomberg Investment Grade Floating Rate ETF $FLRN

Valpey Financial Services LLC boosted its stake in SPDR Bloomberg Investment Grade Floating Rate ETF (NYSEARCA:FLRN) by 3,198.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 333,542 shares of the company’s stock after purchasing an additional 323,430 shares during the period. Valpey Financial Services LLC owned about 0.37% of SPDR Bloomberg Investment Grade Floating Rate ETF worth $10,854,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of FLRN. Cornerstone Planning Group LLC increased its stake in SPDR Bloomberg Investment Grade Floating Rate ETF by 431.9% in the 4th quarter. Cornerstone Planning Group LLC now owns 1,000 shares of the company’s stock worth $31,000 after purchasing an additional 812 shares during the period. Quest 10 Wealth Builders Inc. increased its position 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 valued at $41,000 after acquiring an additional 1,337 shares during the period. Caitlin John LLC purchased a new position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF in the third quarter valued at about $45,000. Advisory Services Network LLC purchased a new position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF in the third quarter valued at about $77,000. Finally, Laurel Wealth Advisors LLC purchased a new position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF in the fourth quarter valued at about $100,000.

SPDR Bloomberg Investment Grade Floating Rate ETF Stock Performance

FLRN stock opened at $30.84 on Friday. The firm’s 50-day moving average price is $30.76 and its two-hundred day moving average price is $30.77. SPDR Bloomberg Investment Grade Floating Rate ETF has a 12-month low of $30.63 and a 12-month 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.