State Street SPDR Bloomberg Investment Grade Floating Rate ETF (FLRN)
Farther Finance Advisors LLC Buys 75,296 Shares of SPDR Bloomberg Investment Grade Floating Rate ETF $FLRN
Farther Finance Advisors LLC boosted its stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF (NYSEARCA:FLRN) by 10.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 810,578 shares of the company's stock after acquiring an
BCS Wealth Management Acquires 86,841 Shares of SPDR Bloomberg Investment Grade Floating Rate ETF $FLRN
BCS Wealth Management increased its holdings in shares of SPDR Bloomberg Investment Grade Floating Rate ETF (NYSEARCA:FLRN) by 83.8% in the undefined quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 190,419 shares of the company's stock after buying an additional 86,841
SPDR Bloomberg Investment Grade Floating Rate ETF $FLRN Shares Sold by Buska Wealth Management LLC
Buska Wealth Management LLC lessened its position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF (NYSEARCA:FLRN) by 24.4% in the undefined quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 242,397 shares of the company's stock after selling 78,248 shares during the
SPDR Bloomberg Investment Grade Floating Rate ETF $FLRN is Ameliora Wealth Management Ltd.’s 5th Largest Position
Ameliora Wealth Management Ltd. increased its holdings in SPDR Bloomberg Investment Grade Floating Rate ETF (NYSEARCA:FLRN) by 3.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 633,135 shares of the company's stock after acquiring an additional 23,115 shares during the
Cannon Advisors Inc. Decreases Stock Position in SPDR Bloomberg Investment Grade Floating Rate ETF $FLRN
Cannon Advisors Inc. decreased its position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF (NYSEARCA:FLRN) by 19.7% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 228,302 shares of the company's stock after selling 55,940 shares during the quarter.
SPDR Bloomberg Investment Grade Floating Rate ETF $FLRN Position Boosted by Avity Investment Management Inc.
Avity Investment Management Inc. lifted its stake in SPDR Bloomberg Investment Grade Floating Rate ETF (NYSEARCA:FLRN) by 11.9% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 159,263 shares of the company's stock after purchasing an additional 16,900 shares during
Envestnet Asset Management Inc. Purchases 227,748 Shares of SPDR Bloomberg Investment Grade Floating Rate ETF $FLRN
Envestnet Asset Management Inc. grew its position in shares of SPDR Bloomberg Investment Grade Floating Rate ETF (NYSEARCA:FLRN) by 20.4% during the undefined quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,342,286 shares of the company's stock after buying an additional 227,748
SPDR Bloomberg Investment Grade Floating Rate ETF $FLRN Shares Bought by Curbstone Financial Management Corp
Curbstone Financial Management Corp grew its stake in shares of SPDR Bloomberg Investment Grade Floating Rate ETF (NYSEARCA:FLRN) by 7.5% in the undefined quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,201,976 shares of the company's stock after purchasing an additional 83,830
Carr Financial Group Corp Acquires 36,952 Shares of SPDR Bloomberg Investment Grade Floating Rate ETF $FLRN
Carr Financial Group Corp boosted its holdings in SPDR Bloomberg Investment Grade Floating Rate ETF (NYSEARCA:FLRN) by 112.3% during the undefined quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 69,864 shares of the company's stock after buying an additional 36,952 shares during the
FLRN: A Fine Way To Play The Fed Staying At Current Rates
The State Street SPDR Bloomberg Investment Grade Floating Rate ETF offers near-zero duration risk and variable rate exposure with a small kicker from IG credit spreads. There was a further reduction in Fed Funds rate targets in the form of the latest October interest rate decision, but markets are revising upwards their expectations of cut depth. Issues like persisting CPI are a problem due to anchoring effects, and the latest cut, despite limited data from a government shutdown, addresses continued job market pressure.
FLRN: Caution Warranted (Rating Downgrade)
FLRN underperformed peers during the April 2025 sell-off and offers a yield only marginally above Fed Funds, limiting its upside. The ETF's heavy exposure to financials increases risk, especially in a recession or if spreads widen, despite its high credit quality. Alternatives like NEAR and SHY provide better risk-reward, especially as rate cuts loom and FLRN's yield premium narrows.
FLRN: What Is Next For This Floating Rate Fund (Rating Downgrade)
The thesis argues that FLRN, a floating rate ETF, is likely to underperform in a falling interest rate environment. The thesis highlights the strong historical performance of FLRN, the anticipated Fed rate cuts, and the potential negative impact of falling rates on FLRN's floating rate exposure. While some market participants are pricing a 50 bps September 2024 Fed cut, our base case predicts only 25 bps, with cuts at each Fed meeting after.
FLRN: Simple Investment-Grade Floating Rate ETF, Good 5.9% Yield
FLRN invests in floating rate investment-grade bonds, resulting in a stable share price and low volatility. The fund currently offers a 5.9% dividend yield, making it a buy for short-term or risk-averse investors. FLRN's performance track-record is reasonably good, with prospective long-term returns in the 2.5% - 4.0% range depending on Fed policy.
FLRN: Floating Rate Investment Grade Bonds, 6.06% Yield
SPD Bloomberg Investment Grade Floating Rate ETF is a fixed-income ETF that holds floating rate investment grade bonds. The ETF offers a spread pick-up over treasuries with a 6.06% 30-day SEC yield. FLRN has exhibited a steady performance and a low duration, providing a total return of nearly 6% in 2023 with a modest -2.5% drawdown.
FLRN: Equity-Like Returns Without The Same Risks
Portfolio managers and investors are seeking alternatives to the traditional 60/40 portfolio due to more stock-bond correlations and abysmal performance in 2022. Floating rate debt offers less risk than equities, with equity-like returns and lacks duration risk. Investors and portfolio managers should consider replacing their equity allocation with floating-rate debt.
Floating Rate Bond ETF (FLRN) Hits New 52-Week High
For investors seeking momentum, SPDR Bloomberg Investment Grade Floating Rate ETF FLRN is probably on radar. The fund just hit a 52-week high and is up 3.57% from its 52-week low price of $29.67/share.
FLRN: This Floater ETF Looks Decent, Unless There's A Credit Crisis
SPDR® Blmbg Inv Grd Flt Rt ETF (FLRN) looks simple and attractive at first glance. In this era of rising rates, why not own an ETF whose holdings are bonds with rates that rise with rising interest rates?
Capstone Financial Group Inc. Sells 22,680 Shares of SPDR Bloomberg Barclays Investment Grade Floating Rate ETF (NYSEARCA:FLRN)
Capstone Financial Group Inc. trimmed its position in shares of SPDR Bloomberg Barclays Investment Grade Floating Rate ETF (NYSEARCA:FLRN) by 85.0% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 4,008 shares of the company’s stock after selling 22,680 shares during the quarter. […]
Blue Square Asset Management LLC Takes Position in SPDR Bloomberg Barclays Investment Grade Floating Rate ETF (NYSEARCA:FLRN)
Blue Square Asset Management LLC purchased a new position in shares of SPDR Bloomberg Barclays Investment Grade Floating Rate ETF (NYSEARCA:FLRN) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 10,686 shares of the company’s stock, valued at approximately $314,000. A number of other large investors […]
First National Corp MA ADV Invests $7.26 Million in SPDR Bloomberg Barclays Investment Grade Floating Rate ETF (NYSEARCA:FLRN)
First National Corp MA ADV bought a new position in shares of SPDR Bloomberg Barclays Investment Grade Floating Rate ETF (NYSEARCA:FLRN) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 48,591 shares of the company’s stock, valued at approximately $7,264,000. SPDR Bloomberg Barclays Investment Grade […]