SPDR Bloomberg Investment Grade Floating Rate ETF $FLRN Stock Purchased by Sowell Financial Services LLC

Sowell Financial Services LLC boosted its holdings in shares of SPDR Bloomberg Investment Grade Floating Rate ETF (NYSEARCA:FLRN) by 86.0% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 238,057 shares of the company’s stock after purchasing an additional 110,083 shares during the period. Sowell Financial Services LLC owned about 0.23% of SPDR Bloomberg Investment Grade Floating Rate ETF worth $7,342,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in FLRN. Koshinski Asset Management Inc. grew its position in SPDR Bloomberg Investment Grade Floating Rate ETF by 2.9% during the 1st quarter. Koshinski Asset Management Inc. now owns 12,881 shares of the company’s stock worth $396,000 after purchasing an additional 365 shares during the period. Corient Private Wealth LLC raised its stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 2.3% during the 4th quarter. Corient Private Wealth LLC now owns 20,333 shares of the company’s stock valued at $625,000 after buying an additional 458 shares during the last quarter. AlphaCentric Advisors LLC lifted its holdings in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 13.7% in the 1st quarter. AlphaCentric Advisors LLC now owns 4,337 shares of the company’s stock valued at $133,000 after buying an additional 521 shares during the period. Root Financial Partners LLC lifted its holdings in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 6.4% in the 1st quarter. Root Financial Partners LLC now owns 10,115 shares of the company’s stock valued at $311,000 after buying an additional 606 shares during the period. Finally, Cedar Mountain Advisors LLC lifted its holdings in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 0.3% in the 2nd quarter. Cedar Mountain Advisors LLC now owns 240,255 shares of the company’s stock valued at $7,412,000 after buying an additional 688 shares during the period.

SPDR Bloomberg Investment Grade Floating Rate ETF Stock Performance

Shares of FLRN opened at $30.79 on Wednesday. SPDR Bloomberg Investment Grade Floating Rate ETF has a 52 week low of $30.63 and a 52 week high of $30.87. The stock’s 50-day moving average price is $30.79 and its 200-day moving average price is $30.79.

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.