IFP Advisors Inc grew its stake in shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB – Free Report) by 15.3% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 34,320 shares of the exchange traded fund’s stock after acquiring an additional 4,561 shares during the quarter. IFP Advisors Inc’s holdings in SPDR Bloomberg Convertible Securities ETF were worth $2,837,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also made changes to their positions in CWB. Proffitt & Goodson Inc. purchased a new stake in shares of SPDR Bloomberg Convertible Securities ETF in the second quarter valued at $36,000. Farmers & Merchants Trust Co of Chambersburg PA purchased a new stake in shares of SPDR Bloomberg Convertible Securities ETF in the second quarter valued at $50,000. SVB Wealth LLC purchased a new stake in shares of SPDR Bloomberg Convertible Securities ETF in the first quarter valued at $53,000. Wayfinding Financial LLC purchased a new stake in shares of SPDR Bloomberg Convertible Securities ETF in the first quarter valued at $59,000. Finally, Wealth Preservation Advisors LLC purchased a new stake in shares of SPDR Bloomberg Convertible Securities ETF in the first quarter valued at $61,000.
SPDR Bloomberg Convertible Securities ETF Stock Down 1.8%
Shares of NYSEARCA:CWB opened at $90.90 on Friday. SPDR Bloomberg Convertible Securities ETF has a 52 week low of $70.56 and a 52 week high of $93.15. The business has a fifty day simple moving average of $87.80 and a 200-day simple moving average of $82.55.
About SPDR Bloomberg 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.
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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 Convertible Securities ETF (NYSEARCA:CWB – Free Report).
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