Creative Financial Designs Inc. ADV Buys 1,426 Shares of SPDR Bloomberg Barclays Investment Grade Floating Rate ETF (NYSEARCA:FLRN)

Creative Financial Designs Inc. ADV grew its stake in shares of SPDR Bloomberg Barclays Investment Grade Floating Rate ETF (NYSEARCA:FLRN) by 819.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,600 shares of the company’s stock after buying an additional 1,426 shares during the period. Creative Financial Designs Inc. ADV’s holdings in SPDR Bloomberg Barclays Investment Grade Floating Rate ETF were worth $49,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. First Horizon Advisors Inc. bought a new stake in shares of SPDR Bloomberg Barclays Investment Grade Floating Rate ETF during the third quarter valued at about $34,000. L.M. Kohn & Company grew its holdings in shares of SPDR Bloomberg Barclays Investment Grade Floating Rate ETF by 25.8% during the fourth quarter. L.M. Kohn & Company now owns 11,685 shares of the company’s stock worth $359,000 after purchasing an additional 2,395 shares in the last quarter. Liberty Wealth Management LLC bought a new position in shares of SPDR Bloomberg Barclays Investment Grade Floating Rate ETF in the fourth quarter worth approximately $418,000. Private Trust Co. NA increased its position in shares of SPDR Bloomberg Barclays Investment Grade Floating Rate ETF by 33.3% in the third quarter. Private Trust Co. NA now owns 13,617 shares of the company’s stock worth $420,000 after purchasing an additional 3,401 shares during the last quarter. Finally, EverSource Wealth Advisors LLC bought a new position in shares of SPDR Bloomberg Barclays Investment Grade Floating Rate ETF in the fourth quarter worth approximately $446,000.

SPDR Bloomberg Barclays Investment Grade Floating Rate ETF Stock Performance

FLRN stock opened at $30.82 on Friday. The company’s 50 day moving average is $30.80 and its 200 day moving average is $30.78. SPDR Bloomberg Barclays Investment Grade Floating Rate ETF has a 1-year low of $30.32 and a 1-year high of $30.88.

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.