Janney Montgomery Scott LLC Has $391,000 Stock Holdings in SPDR Bloomberg Barclays Investment Grade Floating Rate ETF (NYSEARCA:FLRN)

Janney Montgomery Scott LLC reduced its position in shares of SPDR Bloomberg Barclays Investment Grade Floating Rate ETF (NYSEARCA:FLRN) by 84.0% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 12,734 shares of the company’s stock after selling 66,916 shares during the period. Janney Montgomery Scott LLC’s holdings in SPDR Bloomberg Barclays Investment Grade Floating Rate ETF were worth $391,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Avity Investment Management Inc. raised its stake in shares of SPDR Bloomberg Barclays Investment Grade Floating Rate ETF by 296.2% in the fourth quarter. Avity Investment Management Inc. now owns 91,705 shares of the company’s stock worth $2,818,000 after acquiring an additional 68,558 shares during the last quarter. JPMorgan Chase & Co. boosted its position in SPDR Bloomberg Barclays Investment Grade Floating Rate ETF by 131.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 82,305 shares of the company’s stock valued at $2,539,000 after buying an additional 46,715 shares during the last quarter. Gould Capital LLC increased its stake in shares of SPDR Bloomberg Barclays Investment Grade Floating Rate ETF by 4.5% in the 3rd quarter. Gould Capital LLC now owns 90,918 shares of the company’s stock valued at $2,805,000 after buying an additional 3,915 shares during the period. Dean Investment Associates LLC raised its position in shares of SPDR Bloomberg Barclays Investment Grade Floating Rate ETF by 2.2% during the third quarter. Dean Investment Associates LLC now owns 270,693 shares of the company’s stock worth $8,351,000 after acquiring an additional 5,890 shares during the last quarter. Finally, Private Trust Co. NA increased its position in 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 period.

SPDR Bloomberg Barclays Investment Grade Floating Rate ETF Stock Performance

Shares of NYSEARCA:FLRN opened at $30.76 on Tuesday. The company has a 50 day moving average of $30.77 and a 200-day moving average of $30.77. SPDR Bloomberg Barclays Investment Grade Floating Rate ETF has a one year low of $30.32 and a one year high of $30.88.

SPDR Bloomberg Barclays 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.