Wealthfront Advisers LLC Has $103.46 Million Position in SPDR Bloomberg Investment Grade Floating Rate ETF $FLRN

Wealthfront Advisers LLC decreased its holdings in SPDR Bloomberg Investment Grade Floating Rate ETF (NYSEARCA:FLRN) by 40.9% in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 3,355,648 shares of the company’s stock after selling 2,325,072 shares during the quarter. Wealthfront Advisers LLC owned 3.72% of SPDR Bloomberg Investment Grade Floating Rate ETF worth $103,455,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Bank of New York Mellon Corp raised its position in SPDR Bloomberg Investment Grade Floating Rate ETF by 2.3% in the first quarter. Bank of New York Mellon Corp now owns 18,827 shares of the company’s stock worth $580,000 after purchasing an additional 430 shares in the last quarter. Lunt Capital Management Inc. grew its stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 5.1% in the 2nd quarter. Lunt Capital Management Inc. now owns 11,799 shares of the company’s stock valued at $364,000 after purchasing an additional 575 shares during the period. First National Corp MA ADV raised its holdings in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 0.8% in the 2nd quarter. First National Corp MA ADV now owns 73,122 shares of the company’s stock worth $2,254,000 after buying an additional 593 shares in the last quarter. Greykasell Wealth Strategies Inc. acquired a new position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF in the 1st quarter worth approximately $30,000. Finally, Portland Financial Advisors Inc lifted its position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 3.1% during the 2nd quarter. Portland Financial Advisors Inc now owns 40,431 shares of the company’s stock worth $1,246,000 after buying an additional 1,225 shares during the period.

SPDR Bloomberg Investment Grade Floating Rate ETF Trading Up 0.1%

Shares of NYSEARCA:FLRN opened at $30.85 on Friday. The business’s fifty day moving average price is $30.80 and its two-hundred day moving average price is $30.75. SPDR Bloomberg Investment Grade Floating Rate ETF has a fifty-two week low of $30.01 and a fifty-two week high of $30.88.

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.