TRUE Private Wealth Advisors Invests $104,000 in SPDR Bloomberg Barclays Convertible Securities ETF (NYSEARCA:CWB)

TRUE Private Wealth Advisors acquired a new position in SPDR Bloomberg Barclays Convertible Securities ETF (NYSEARCA:CWB) in the 2nd quarter, HoldingsChannel reports. The firm acquired 1,978 shares of the exchange traded fund’s stock, valued at approximately $104,000.

Several other institutional investors also recently modified their holdings of CWB. Lowe Wealth Advisors LLC bought a new position in shares of SPDR Bloomberg Barclays Convertible Securities ETF in the second quarter valued at approximately $36,000. Guidant Wealth Advisors bought a new position in shares of SPDR Bloomberg Barclays Convertible Securities ETF in the first quarter valued at approximately $37,000. Investors Research Corp bought a new position in shares of SPDR Bloomberg Barclays Convertible Securities ETF in the second quarter valued at approximately $38,000. BNP Paribas Arbitrage SA grew its holdings in shares of SPDR Bloomberg Barclays Convertible Securities ETF by 107.1% in the second quarter. BNP Paribas Arbitrage SA now owns 1,027 shares of the exchange traded fund’s stock valued at $54,000 after acquiring an additional 531 shares in the last quarter. Finally, Roble Belko & Company Inc bought a new position in shares of SPDR Bloomberg Barclays Convertible Securities ETF in the first quarter valued at approximately $103,000.

Shares of CWB stock traded up $0.36 during trading on Friday, hitting $52.35. The company’s stock had a trading volume of 4,065 shares, compared to its average volume of 882,633. The business has a fifty day moving average of $53.27 and a 200-day moving average of $52.40. SPDR Bloomberg Barclays Convertible Securities ETF has a 52 week low of $45.13 and a 52 week high of $54.53.

About SPDR Bloomberg Barclays Convertible Securities ETF

SPDR Barclays Convertible Securities ETF, formerly SPDR Barclays Capital Convertible Securities ETF, seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of an index that tracks United States convertible securities. In seeking to track the performance of the Barclays Capital U.S.

Further Reading: If I purchase shares through a brokerage account, am I the holder of record?

Want to see what other hedge funds are holding CWB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Bloomberg Barclays Convertible Securities ETF (NYSEARCA:CWB).

Institutional Ownership by Quarter for SPDR Bloomberg Barclays Convertible Securities ETF (NYSEARCA:CWB)

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