Omnitrust Wealth Management Inc Takes $875,000 Position in SPDR Bloomberg Investment Grade Floating Rate ETF $FLRN

Omnitrust Wealth Management Inc bought a new stake in SPDR Bloomberg Investment Grade Floating Rate ETF (NYSEARCA:FLRN) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 28,460 shares of the company’s stock, valued at approximately $875,000. SPDR Bloomberg Investment Grade Floating Rate ETF comprises approximately 1.1% of Omnitrust Wealth Management Inc’s portfolio, making the stock its 23rd largest holding.

A number of other institutional investors also recently modified their holdings of FLRN. JPMorgan Chase & Co. raised its stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 31.3% in the second quarter. JPMorgan Chase & Co. now owns 227,384 shares of the company’s stock valued at $7,010,000 after acquiring an additional 54,222 shares during the last quarter. M&T Bank Corp bought a new position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF in the second quarter valued at approximately $240,000. Raymond James Financial Inc. raised its stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 11.4% in the second quarter. Raymond James Financial Inc. now owns 633,387 shares of the company’s stock valued at $19,527,000 after acquiring an additional 64,982 shares during the last quarter. Vista Investment Management raised its stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 14.7% in the second quarter. Vista Investment Management now owns 14,425 shares of the company’s stock valued at $445,000 after acquiring an additional 1,849 shares during the last quarter. Finally, Jane Street Group LLC bought a new position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF in the second quarter valued at approximately $10,679,000.

SPDR Bloomberg Investment Grade Floating Rate ETF Stock Performance

NYSEARCA:FLRN opened at $30.76 on Monday. SPDR Bloomberg Investment Grade Floating Rate ETF has a 1 year low of $30.63 and a 1 year high of $30.86. The firm has a 50 day moving average of $30.77 and a 200-day moving average of $30.77.

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.