Citadel Advisors LLC Boosts Stock Holdings in SPDR Bloomberg Investment Grade Floating Rate ETF $FLRN

Citadel Advisors LLC increased its position in SPDR Bloomberg Investment Grade Floating Rate ETF (NYSEARCA:FLRN) by 2,914.4% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 549,371 shares of the company’s stock after acquiring an additional 531,146 shares during the period. Citadel Advisors LLC’s holdings in SPDR Bloomberg Investment Grade Floating Rate ETF were worth $16,948,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. SHP Wealth Management bought a new stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF in the 4th quarter worth $34,000. Evolution Wealth Management Inc. bought a new position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF during the first quarter valued at $50,000. Greykasell Wealth Strategies Inc. lifted its holdings in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 69.1% during the fourth quarter. Greykasell Wealth Strategies Inc. now owns 1,664 shares of the company’s stock valued at $51,000 after purchasing an additional 680 shares in the last quarter. Advisory Services Network LLC purchased a new stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF during the third quarter valued at $77,000. Finally, Webster Bank N. A. boosted its position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF by 100.1% during the first quarter. Webster Bank N. A. now owns 3,250 shares of the company’s stock valued at $100,000 after buying an additional 1,626 shares during the last quarter.

SPDR Bloomberg Investment Grade Floating Rate ETF Stock Performance

NYSEARCA FLRN opened at $30.76 on Monday. SPDR Bloomberg Investment Grade Floating Rate ETF has a one year low of $30.63 and a one year high of $30.87. The stock has a 50-day moving average of $30.79 and a 200 day moving average of $30.78.

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.