HL Financial Services LLC increased its position in SPDR Bloomberg Barclays Investment Grade Floating Rate ETF (NYSEARCA:FLRN) by 81.7% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 50,619 shares of the company’s stock after acquiring an additional 22,763 shares during the quarter. HL Financial Services LLC’s holdings in SPDR Bloomberg Barclays Investment Grade Floating Rate ETF were worth $1,559,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. Valeo Financial Advisors LLC bought a new stake in SPDR Bloomberg Barclays Investment Grade Floating Rate ETF during the second quarter valued at approximately $156,000. Q3 Asset Management bought a new stake in SPDR Bloomberg Barclays Investment Grade Floating Rate ETF during the third quarter valued at approximately $170,000. Parallel Advisors LLC bought a new stake in SPDR Bloomberg Barclays Investment Grade Floating Rate ETF during the second quarter valued at approximately $171,000. Stratos Wealth Partners LTD. bought a new stake in SPDR Bloomberg Barclays Investment Grade Floating Rate ETF during the third quarter valued at approximately $175,000. Finally, Kovack Advisors Inc. bought a new stake in SPDR Bloomberg Barclays Investment Grade Floating Rate ETF during the second quarter valued at approximately $237,000.

Shares of SPDR Bloomberg Barclays Investment Grade Floating Rate ETF stock opened at $30.67 on Friday. SPDR Bloomberg Barclays Investment Grade Floating Rate ETF has a 1 year low of $30.62 and a 1 year high of $30.85.

The business also recently announced a monthly dividend, which was paid on Wednesday, November 7th. Shareholders of record on Friday, November 2nd were given a dividend of $0.069 per share. The ex-dividend date of this dividend was Thursday, November 1st. This is a positive change from SPDR Bloomberg Barclays Investment Grade Floating Rate ETF’s previous monthly dividend of $0.07. This represents a $0.83 annualized dividend and a yield of 2.70%.

ILLEGAL ACTIVITY NOTICE: This piece of content was originally reported by Daily Political and is the property of of Daily Political. If you are reading this piece of content on another domain, it was stolen and republished in violation of international trademark and copyright laws. The original version of this piece of content can be accessed at https://www.dailypolitical.com/2018/11/10/hl-financial-services-llc-has-1-56-million-stake-in-spdr-bloomberg-barclays-investment-grade-floating-rate-etf-flrn.html.

Featured Story: How a Put Option Works

Want to see what other hedge funds are holding FLRN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Bloomberg Barclays Investment Grade Floating Rate ETF (NYSEARCA:FLRN).

Institutional Ownership by Quarter for SPDR Bloomberg Barclays Investment Grade Floating Rate ETF (NYSEARCA:FLRN)

Receive News & Ratings for SPDR Bloomberg Barclays Investment Grade Floating Rate ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Bloomberg Barclays Investment Grade Floating Rate ETF and related companies with MarketBeat.com's FREE daily email newsletter.