Elevance Health Inc. Common Stock vs State Street SPDR Bloomberg Invstmt Gr Fltg Rt ETF — how do they compare? Elevance Health Inc. Common Stock trades at $401.8 (market cap $86.95B), while State Street SPDR Bloomberg Invstmt Gr Fltg Rt ETF trades at $30.76 (market cap $3.06B). The key difference: Elevance Health Inc. Common Stock is far larger — about 28.4× State Street SPDR Bloomberg Invstmt Gr Fltg Rt ETF's market cap, and Elevance Health Inc. Common Stock pays a 1.72% dividend while State Street SPDR Bloomberg Invstmt Gr Fltg Rt ETF pays none. Which is the better fit depends on your goals.
| ELV | FLRN | |
|---|---|---|
Market Cap | $86.95B | $3.06B |
Volume | 782,706 | 6,296,473 |
Sector | Health | Fixed Income |
52-Week High | $426.79 | $30.86 |
52-Week Low | $280.74 | $30.65 |
Enterprise Value | $107.76B | — |
Dividend Yield | 1.72% | — |
Typical Hold Time | — | 15 Days |
Signals from Pluang's Aura AI — not financial advice
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FLRN (SPDR Bloomberg Investment Grade Floating Rate ETF) trades at $30.75 with minimal daily movement (+0.03%). Technical indicators show a bearish trend with strong selling pressure in moving averages, while oscillators remain neutral. The ETF maintains consistent $0.11 quarterly dividend payments through 2026, providing income stability amid current market volatility.
FLRN offers protection against rising interest rates with near-zero duration exposure, though significant financial sector concentration presents risk. Current market sentiment reflects cautious optimism as institutional investors add positions while technical indicators suggest near-term pressure. The floating rate structure positions FLRN favorably in inflationary environments.
Trailing returns across standard periods
Elevance Health provides health plans and healthcare services. Its offerings include medical, behavioral health, pharmacy, dental, vision, and complex-care solutions, including through the Carelon business.
Read more on ELV →FLRN invests in U.S. dollar-denominated investment-grade floating rate notes with maturities under five years. It provides exposure to corporate and supranational debt whose interest payments adjust with market rates, helping to mitigate interest rate risk.
Read more on FLRN →