Penobscot Investment Management Company Inc. Purchases 120,516 Shares of SPDR S Tr/BLOOMBERG BARCLAYS (FLRN)

Penobscot Investment Management Company Inc. lifted its position in shares of SPDR S Tr/BLOOMBERG BARCLAYS (NYSEARCA:FLRN) by 18.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 757,178 shares of the company’s stock after buying an additional 120,516 shares during the quarter. SPDR S Tr/BLOOMBERG BARCLAYS makes up 5.0% of Penobscot Investment Management Company Inc.’s holdings, making the stock its largest holding. Penobscot Investment Management Company Inc.’s holdings in SPDR S Tr/BLOOMBERG BARCLAYS were worth $23,313,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Valeo Financial Advisors LLC bought a new position in shares of SPDR S Tr/BLOOMBERG BARCLAYS during the 2nd quarter worth $156,000. Q3 Asset Management bought a new stake in SPDR S Tr/BLOOMBERG BARCLAYS during the third quarter valued at about $170,000. Parallel Advisors LLC bought a new stake in SPDR S Tr/BLOOMBERG BARCLAYS during the second quarter valued at about $171,000. Kovack Advisors Inc. bought a new stake in SPDR S Tr/BLOOMBERG BARCLAYS during the second quarter valued at about $237,000. Finally, Berkshire Asset Management LLC PA bought a new stake in SPDR S Tr/BLOOMBERG BARCLAYS during the third quarter valued at about $258,000.

Shares of FLRN stock opened at $30.67 on Friday. SPDR S Tr/BLOOMBERG BARCLAYS has a 1-year low of $30.62 and a 1-year high of $30.85.

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, November 7th. Investors of record on Friday, November 2nd will be given a dividend of $0.069 per share. The ex-dividend date is Thursday, November 1st. This represents a $0.83 dividend on an annualized basis and a yield of 2.70%. This is an increase from SPDR S Tr/BLOOMBERG BARCLAYS’s previous monthly dividend of $0.07.

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Institutional Ownership by Quarter for SPDR S Tr/BLOOMBERG BARCLAYS (NYSEARCA:FLRN)

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