MFA Wealth Advisors LLC Buys 58,815 Shares of SPDR Bloomberg Barclays Investment Grade Floating Rate ETF (NYSEARCA:FLRN)

MFA Wealth Advisors LLC boosted its stake in SPDR Bloomberg Barclays Investment Grade Floating Rate ETF (NYSEARCA:FLRN) by 9.4% in the fourth quarter, HoldingsChannel reports. The firm owned 683,921 shares of the company’s stock after acquiring an additional 58,815 shares during the period. SPDR Bloomberg Barclays Investment Grade Floating Rate ETF accounts for about 5.4% of MFA Wealth Advisors LLC’s holdings, making the stock its 4th biggest position. MFA Wealth Advisors LLC’s holdings in SPDR Bloomberg Barclays Investment Grade Floating Rate ETF were worth $21,017,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the stock. First Horizon Advisors Inc. acquired a new position in SPDR Bloomberg Barclays Investment Grade Floating Rate ETF during the third quarter valued at approximately $34,000. Centennial Bank AR bought a new stake in shares of SPDR Bloomberg Barclays Investment Grade Floating Rate ETF in the 3rd quarter valued at $139,000. Private Trust Co. NA raised its stake in SPDR Bloomberg Barclays Investment Grade Floating Rate ETF by 33.3% during the 3rd quarter. Private Trust Co. NA now owns 13,617 shares of the company’s stock worth $420,000 after buying an additional 3,401 shares during the period. Nations Financial Group Inc. IA ADV grew its stake in SPDR Bloomberg Barclays Investment Grade Floating Rate ETF by 12.5% in the third quarter. Nations Financial Group Inc. IA ADV now owns 17,480 shares of the company’s stock valued at $539,000 after acquiring an additional 1,947 shares during the period. Finally, Avior Wealth Management LLC increased its holdings in shares of SPDR Bloomberg Barclays Investment Grade Floating Rate ETF by 4.7% in the third quarter. Avior Wealth Management LLC now owns 19,269 shares of the company’s stock worth $594,000 after acquiring an additional 869 shares in the last quarter.

SPDR Bloomberg Barclays Investment Grade Floating Rate ETF Price Performance

NYSEARCA FLRN opened at $30.76 on Monday. SPDR Bloomberg Barclays Investment Grade Floating Rate ETF has a 52-week low of $30.32 and a 52-week high of $30.88. The business has a 50 day simple moving average of $30.77 and a 200 day simple moving average of $30.77.

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.