Allworth Financial LP Sells 210,028 Shares of SPDR Bloomberg Investment Grade Floating Rate ETF $FLRN

Allworth Financial LP cut its holdings in SPDR Bloomberg Investment Grade Floating Rate ETF (NYSEARCA:FLRN) by 85.9% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 34,532 shares of the company’s stock after selling 210,028 shares during the quarter. Allworth Financial LP’s holdings in SPDR Bloomberg Investment Grade Floating Rate ETF were worth $1,066,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Miracle Mile Advisors LLC raised its holdings in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 5.2% during the third quarter. Miracle Mile Advisors LLC now owns 8,794 shares of the company’s stock valued at $271,000 after purchasing an additional 432 shares during the period. First National Corp MA ADV boosted its position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 0.7% during the 3rd quarter. First National Corp MA ADV now owns 73,650 shares of the company’s stock worth $2,264,000 after purchasing an additional 528 shares in the last quarter. Valpey Financial Services LLC grew its stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 5.7% in the 3rd quarter. Valpey Financial Services LLC now owns 10,112 shares of the company’s stock valued at $312,000 after buying an additional 545 shares during the period. PFG Investments LLC grew its stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 8.3% in the 3rd quarter. PFG Investments LLC now owns 7,471 shares of the company’s stock valued at $231,000 after buying an additional 571 shares during the period. Finally, Generation Capital Management LLC increased its position in SPDR Bloomberg Investment Grade Floating Rate ETF by 0.5% in the 3rd quarter. Generation Capital Management LLC now owns 112,397 shares of the company’s stock valued at $3,469,000 after buying an additional 607 shares in the last quarter.

SPDR Bloomberg Investment Grade Floating Rate ETF Stock Up 0.1%

FLRN stock opened at $30.78 on Tuesday. The stock’s 50 day simple moving average is $30.78 and its 200 day simple moving average is $30.78. SPDR Bloomberg Investment Grade Floating Rate ETF has a fifty-two week low of $30.01 and a fifty-two week high of $30.86.

SPDR Bloomberg Investment Grade Floating Rate ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were given a $0.0994 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a yield of 3.9%.

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.