SPDR Bloomberg Investment Grade Floating Rate ETF $FLRN Stock: Virtue Capital Management LLC Cuts Position

Virtue Capital Management LLC decreased its stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF (NYSEARCA:FLRN) by 75.8% during the 3rd quarter, Holdings Channel.com reports. The firm owned 20,222 shares of the company’s stock after selling 63,464 shares during the period. Virtue Capital Management LLC’s holdings in SPDR Bloomberg Investment Grade Floating Rate ETF were worth $624,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Elevation Capital Advisory LLC acquired a new position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF during the third quarter worth about $7,503,000. Vise Technologies Inc. increased its stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 77.3% during the third quarter. Vise Technologies Inc. now owns 24,511 shares of the company’s stock worth $756,000 after buying an additional 10,683 shares during the period. Modera Wealth Management LLC purchased a new stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF during the third quarter worth approximately $544,000. International Assets Investment Management LLC raised its holdings in SPDR Bloomberg Investment Grade Floating Rate ETF by 721.7% in the third quarter. International Assets Investment Management LLC now owns 135,000 shares of the company’s stock valued at $4,163,000 after acquiring an additional 118,570 shares in the last quarter. Finally, Partners Wealth Management LLC acquired a new stake in SPDR Bloomberg Investment Grade Floating Rate ETF in the third quarter valued at approximately $1,383,000.

SPDR Bloomberg Investment Grade Floating Rate ETF Trading Down 0.4%

Shares of SPDR Bloomberg Investment Grade Floating Rate ETF stock opened at $30.71 on Tuesday. SPDR Bloomberg Investment Grade Floating Rate ETF has a 52-week low of $30.63 and a 52-week high of $30.87. The company has a 50 day moving average of $30.79 and a 200 day moving average of $30.78.

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.