Eldridge Investment Advisors Inc. bought a new stake in SPDR Barclays Investment Grade Floating Rate ETF (NYSEARCA:FLRN) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 11,300 shares of the company’s stock, valued at approximately $347,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. IFP Advisors Inc raised its position in shares of SPDR Barclays Investment Grade Floating Rate ETF by 85.1% in the 4th quarter. IFP Advisors Inc now owns 4,353 shares of the company’s stock valued at $134,000 after purchasing an additional 2,001 shares in the last quarter. C M Bidwell & Associates Ltd. acquired a new position in shares of SPDR Barclays Investment Grade Floating Rate ETF in the 4th quarter valued at approximately $239,000. Wedbush Securities Inc. acquired a new position in shares of SPDR Barclays Investment Grade Floating Rate ETF in the 1st quarter valued at approximately $389,000. Blue Edge Capital LLC acquired a new position in shares of SPDR Barclays Investment Grade Floating Rate ETF in the 4th quarter valued at approximately $761,000. Finally, Calton & Associates Inc. acquired a new position in shares of SPDR Barclays Investment Grade Floating Rate ETF in the 4th quarter valued at approximately $853,000.

Shares of SPDR Barclays Investment Grade Floating Rate ETF opened at $30.77 on Monday, according to Marketbeat Ratings. SPDR Barclays Investment Grade Floating Rate ETF has a 52-week low of $30.62 and a 52-week high of $30.85.

The firm also recently announced a monthly dividend, which was paid on Monday, May 7th. Shareholders of record on Wednesday, May 2nd were given a $0.0536 dividend. This represents a $0.64 dividend on an annualized basis and a dividend yield of 2.09%. This is a positive change from SPDR Barclays Investment Grade Floating Rate ETF’s previous monthly dividend of $0.05. The ex-dividend date of this dividend was Tuesday, May 1st.

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Institutional Ownership by Quarter for SPDR Barclays Investment Grade Floating Rate ETF (NYSEARCA:FLRN)

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