243,296 Shares in SPDR Bloomberg Investment Grade Floating Rate ETF $FLRN Acquired by Elevation Capital Advisory LLC

Elevation Capital Advisory LLC purchased a new stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF (NYSEARCA:FLRN) during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 243,296 shares of the company’s stock, valued at approximately $7,503,000. SPDR Bloomberg Investment Grade Floating Rate ETF makes up approximately 3.0% of Elevation Capital Advisory LLC’s investment portfolio, making the stock its 11th biggest position.

Several other hedge funds also recently made changes to their positions in the company. Wealthfront Advisers LLC grew its stake in SPDR Bloomberg Investment Grade Floating Rate ETF by 7.8% in the first quarter. Wealthfront Advisers LLC now owns 5,319,203 shares of the company’s stock worth $163,725,000 after purchasing an additional 384,144 shares during the period. Envestnet Asset Management Inc. lifted its position in SPDR Bloomberg Investment Grade Floating Rate ETF by 18.1% during the second quarter. Envestnet Asset Management Inc. now owns 2,699,472 shares of the company’s stock valued at $83,279,000 after buying an additional 413,910 shares during the period. Farther Finance Advisors LLC boosted its holdings in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 3.4% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,009,744 shares of the company’s stock valued at $31,141,000 after buying an additional 33,342 shares in the last quarter. Valmark Advisers Inc. boosted its holdings in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 1.8% during the 1st quarter. Valmark Advisers Inc. now owns 995,071 shares of the company’s stock valued at $30,628,000 after buying an additional 17,682 shares in the last quarter. Finally, State Street Corp boosted its holdings in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 36.0% during the 2nd quarter. State Street Corp now owns 941,322 shares of the company’s stock valued at $29,040,000 after buying an additional 249,190 shares in the last quarter.

SPDR Bloomberg Investment Grade Floating Rate ETF Price Performance

Shares of NYSEARCA FLRN opened at $30.82 on Friday. SPDR Bloomberg Investment Grade Floating Rate ETF has a 1 year low of $30.63 and a 1 year high of $30.87. The firm has a 50-day moving average of $30.79 and a 200 day moving average of $30.78.

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.