Uncommon Cents Investing LLC Has $849,000 Position in SPDR Bloomberg Investment Grade Floating Rate ETF $FLRN

Uncommon Cents Investing LLC cut its stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF (NYSEARCA:FLRN) by 2.5% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 27,550 shares of the company’s stock after selling 705 shares during the quarter. Uncommon Cents Investing LLC’s holdings in SPDR Bloomberg Investment Grade Floating Rate ETF were worth $849,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Ameriprise Financial Inc. raised its holdings in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 11.0% during the first quarter. Ameriprise Financial Inc. now owns 4,002,178 shares of the company’s stock valued at $123,351,000 after purchasing an additional 397,516 shares during the period. Farther Finance Advisors LLC increased its position in SPDR Bloomberg Investment Grade Floating Rate ETF by 307.7% in the 2nd quarter. Farther Finance Advisors LLC now owns 473,705 shares of the company’s stock valued at $14,604,000 after buying an additional 357,518 shares in the last quarter. TIAA Trust National Association raised its stake in SPDR Bloomberg Investment Grade Floating Rate ETF by 32.4% during the 1st quarter. TIAA Trust National Association now owns 1,139,150 shares of the company’s stock worth $35,109,000 after buying an additional 278,447 shares during the period. Buska Wealth Management LLC boosted its holdings in SPDR Bloomberg Investment Grade Floating Rate ETF by 21.7% in the second quarter. Buska Wealth Management LLC now owns 361,085 shares of the company’s stock worth $11,132,000 after acquiring an additional 64,309 shares in the last quarter. Finally, 21 West Wealth Management LLC bought a new position in SPDR Bloomberg Investment Grade Floating Rate ETF in the second quarter worth approximately $1,887,000.

SPDR Bloomberg Investment Grade Floating Rate ETF Price Performance

Shares of SPDR Bloomberg Investment Grade Floating Rate ETF stock opened at $30.84 on Friday. SPDR Bloomberg Investment Grade Floating Rate ETF has a 52 week low of $30.01 and a 52 week high of $30.88. The stock has a 50 day moving average price of $30.80 and a two-hundred day moving average price of $30.74.

SPDR Bloomberg Investment Grade Floating Rate ETF 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.