Mount Lucas Management LP Grows Position in SPDR Bloomberg Barclays Investment Grade Floating Rate ETF (NYSEARCA:FLRN)

Mount Lucas Management LP raised its position in shares of SPDR Bloomberg Barclays Investment Grade Floating Rate ETF (NYSEARCA:FLRN) by 6.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,129 shares of the company’s stock after acquiring an additional 1,557 shares during the period. Mount Lucas Management LP’s holdings in SPDR Bloomberg Barclays Investment Grade Floating Rate ETF were worth $744,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. TIAA Trust National Association lifted its holdings in shares of SPDR Bloomberg Barclays Investment Grade Floating Rate ETF by 116.0% in the 2nd quarter. TIAA Trust National Association now owns 3,192,129 shares of the company’s stock valued at $98,477,000 after acquiring an additional 1,714,072 shares during the last quarter. Manning & Napier Advisors LLC purchased a new position in shares of SPDR Bloomberg Barclays Investment Grade Floating Rate ETF in the 2nd quarter worth approximately $17,506,000. Astor Investment Management LLC increased its position in shares of SPDR Bloomberg Barclays Investment Grade Floating Rate ETF by 60.3% during the 3rd quarter. Astor Investment Management LLC now owns 647,929 shares of the company’s stock valued at $19,989,000 after purchasing an additional 243,736 shares during the last quarter. Nisa Investment Advisors LLC purchased a new stake in SPDR Bloomberg Barclays Investment Grade Floating Rate ETF during the 2nd quarter valued at $4,057,000. Finally, Liberty Wealth Management LLC bought a new stake in SPDR Bloomberg Barclays Investment Grade Floating Rate ETF in the second quarter worth $2,962,000.

SPDR Bloomberg Barclays Investment Grade Floating Rate ETF Stock Performance

FLRN stock opened at $30.76 on Monday. SPDR Bloomberg Barclays Investment Grade Floating Rate ETF has a twelve month low of $30.32 and a twelve month high of $30.88. The firm’s fifty day simple moving average is $30.77 and its two-hundred day simple moving average is $30.77.

About SPDR Bloomberg Barclays 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.