Court Place Advisors LLC Sells 250 Shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB)

Court Place Advisors LLC lessened its position in shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 6.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,600 shares of the exchange traded fund’s stock after selling 250 shares during the period. Court Place Advisors LLC’s holdings in SPDR Bloomberg Convertible Securities ETF were worth $260,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in CWB. Toronto Dominion Bank bought a new stake in shares of SPDR Bloomberg Convertible Securities ETF in the third quarter valued at approximately $6,102,000. Rockland Trust Co. boosted its stake in shares of SPDR Bloomberg Convertible Securities ETF by 254.2% in the fourth quarter. Rockland Trust Co. now owns 18,975 shares of the exchange traded fund’s stock valued at $1,369,000 after buying an additional 13,618 shares during the period. BTS Asset Management Inc. raised its position in SPDR Bloomberg Convertible Securities ETF by 1,307.2% during the fourth quarter. BTS Asset Management Inc. now owns 86,219 shares of the exchange traded fund’s stock valued at $6,228,000 after purchasing an additional 80,092 shares in the last quarter. Archer Investment Corp acquired a new position in SPDR Bloomberg Convertible Securities ETF during the third quarter valued at approximately $59,000. Finally, Old North State Trust LLC lifted its stake in SPDR Bloomberg Convertible Securities ETF by 7.5% during the third quarter. Old North State Trust LLC now owns 86,723 shares of the exchange traded fund’s stock worth $5,880,000 after purchasing an additional 6,071 shares during the last quarter.

SPDR Bloomberg Convertible Securities ETF Stock Down 0.2 %

NYSEARCA CWB traded down $0.13 on Wednesday, hitting $70.01. 237,935 shares of the company’s stock were exchanged, compared to its average volume of 554,625. The stock has a 50-day moving average of $71.91 and a 200-day moving average of $69.98. SPDR Bloomberg Convertible Securities ETF has a 52 week low of $64.56 and a 52 week high of $73.43.

SPDR Bloomberg Convertible Securities ETF Profile

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.