SPDR Bloomberg Barclays Investment Grade Floating Rate ETF (NYSEARCA:FLRN) Trading Up 0.1% – Here’s What Happened

SPDR Bloomberg Barclays Investment Grade Floating Rate ETF (NYSEARCA:FLRN)’s share price rose 0.1% on Friday . The company traded as high as $30.81 and last traded at $30.80. Approximately 839,218 shares traded hands during trading, a decline of 29% from the average daily volume of 1,179,803 shares. The stock had previously closed at $30.78.

SPDR Bloomberg Barclays Investment Grade Floating Rate ETF Price Performance

The company has a fifty day moving average price of $30.76 and a 200-day moving average price of $30.76.

Institutional Investors Weigh In On SPDR Bloomberg Barclays Investment Grade Floating Rate ETF

Several large investors have recently bought and sold shares of FLRN. Astor Investment Management LLC raised its position in SPDR Bloomberg Barclays Investment Grade Floating Rate ETF by 60.3% during the third quarter. Astor Investment Management LLC now owns 647,929 shares of the company’s stock valued at $19,989,000 after purchasing an additional 243,736 shares during the period. Curbstone Financial Management Corp increased its position in shares of SPDR Bloomberg Barclays Investment Grade Floating Rate ETF by 3.4% during the 3rd quarter. Curbstone Financial Management Corp now owns 646,626 shares of the company’s stock valued at $19,948,000 after purchasing an additional 21,500 shares during the last quarter. Dean Investment Associates LLC raised its holdings in SPDR Bloomberg Barclays Investment Grade Floating Rate ETF by 2.2% during the 3rd quarter. Dean Investment Associates LLC now owns 270,693 shares of the company’s stock valued at $8,351,000 after buying an additional 5,890 shares during the period. Appleton Partners Inc. MA lifted its position in SPDR Bloomberg Barclays Investment Grade Floating Rate ETF by 5.3% in the third quarter. Appleton Partners Inc. MA now owns 207,854 shares of the company’s stock worth $6,412,000 after buying an additional 10,437 shares during the last quarter. Finally, Gould Capital LLC boosted its stake in SPDR Bloomberg Barclays Investment Grade Floating Rate ETF by 4.5% during the third quarter. Gould Capital LLC now owns 90,918 shares of the company’s stock worth $2,805,000 after buying an additional 3,915 shares during the period.

SPDR Bloomberg Barclays 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.