Valeo Financial Advisors LLC bought a new stake in shares of SPDR Bloomberg Barclays Investment Grade Floating Rate ETF (NYSEARCA:FLRN) in the 1st quarter, according to its most recent filing with the SEC. The institutional investor bought 4,768 shares of the company’s stock, valued at approximately $146,000.

Other large investors also recently added to or reduced their stakes in the company. Astor Investment Management LLC bought a new stake in SPDR Bloomberg Barclays Investment Grade Floating Rate ETF in the 1st quarter valued at $14,880,000. American Financial Advisors LLC bought a new stake in SPDR Bloomberg Barclays Investment Grade Floating Rate ETF in the 4th quarter valued at $13,103,000. Bank of New York Mellon Corp increased its holdings in SPDR Bloomberg Barclays Investment Grade Floating Rate ETF by 155.8% in the 4th quarter. Bank of New York Mellon Corp now owns 689,791 shares of the company’s stock valued at $20,949,000 after buying an additional 420,145 shares during the period. Appleton Partners Inc. MA increased its holdings in SPDR Bloomberg Barclays Investment Grade Floating Rate ETF by 301.4% in the 4th quarter. Appleton Partners Inc. MA now owns 409,524 shares of the company’s stock valued at $12,437,000 after buying an additional 307,490 shares during the period. Finally, USAdvisors Wealth Management LLC bought a new stake in SPDR Bloomberg Barclays Investment Grade Floating Rate ETF in the 4th quarter valued at $5,747,000.

FLRN opened at $30.68 on Monday. SPDR Bloomberg Barclays Investment Grade Floating Rate ETF has a twelve month low of $30.21 and a twelve month high of $30.81.

The company also recently announced a monthly dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were issued a $0.0797 dividend. This is a positive change from SPDR Bloomberg Barclays Investment Grade Floating Rate ETF’s previous monthly dividend of $0.07. The ex-dividend date was Monday, April 1st. This represents a $0.96 annualized dividend and a dividend yield of 3.12%.

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

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