Coastline Trust Co Cuts Stake in SPDR Bloomberg Investment Grade Floating Rate ETF $FLRN

Coastline Trust Co reduced its position in SPDR Bloomberg Investment Grade Floating Rate ETF (NYSEARCA:FLRN) by 16.7% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,990 shares of the company’s stock after selling 400 shares during the period. Coastline Trust Co’s holdings in SPDR Bloomberg Investment Grade Floating Rate ETF were worth $61,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Worth Asset Management LLC acquired a new stake in SPDR Bloomberg Investment Grade Floating Rate ETF during the first quarter valued at approximately $302,000. NBC Securities Inc. boosted its holdings in SPDR Bloomberg Investment Grade Floating Rate ETF by 99,658.6% in the 1st quarter. NBC Securities Inc. now owns 28,930 shares of the company’s stock valued at $891,000 after purchasing an additional 28,901 shares during the period. Hickory Point Bank & Trust boosted its holdings in SPDR Bloomberg Investment Grade Floating Rate ETF by 5.2% in the 1st quarter. Hickory Point Bank & Trust now owns 7,892 shares of the company’s stock valued at $243,000 after purchasing an additional 392 shares during the period. Farther Finance Advisors LLC raised its position in SPDR Bloomberg Investment Grade Floating Rate ETF by 51.0% in the first quarter. Farther Finance Advisors LLC now owns 116,187 shares of the company’s stock worth $3,569,000 after purchasing an additional 39,238 shares in the last quarter. Finally, Curbstone Financial Management Corp lifted its holdings in SPDR Bloomberg Investment Grade Floating Rate ETF by 5.4% during the 1st quarter. Curbstone Financial Management Corp now owns 1,125,116 shares of the company’s stock valued at $34,676,000 after purchasing an additional 57,800 shares during the last quarter.

SPDR Bloomberg Investment Grade Floating Rate ETF Stock Up 0.0%

Shares of NYSEARCA FLRN opened at $30.84 on Friday. SPDR Bloomberg Investment Grade Floating Rate ETF has a 1-year low of $30.01 and a 1-year high of $30.88. The company has a 50-day moving average of $30.80 and a two-hundred day moving average of $30.74.

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.