Petix & Botte Co Has $7.42 Million Stock Holdings in SPDR Bloomberg Convertible Securities ETF $CWB

Petix & Botte Co decreased its stake in shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 5.8% during the 2nd quarter, Holdings Channel reports. The firm owned 89,742 shares of the exchange traded fund’s stock after selling 5,576 shares during the period. SPDR Bloomberg Convertible Securities ETF comprises about 1.8% of Petix & Botte Co’s investment portfolio, making the stock its 22nd biggest position. Petix & Botte Co’s holdings in SPDR Bloomberg Convertible Securities ETF were worth $7,418,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in CWB. Advyzon Investment Management LLC acquired a new stake in SPDR Bloomberg Convertible Securities ETF in the second quarter valued at $309,000. New England Private Wealth Advisors LLC increased its position in SPDR Bloomberg Convertible Securities ETF by 2.1% during the second quarter. New England Private Wealth Advisors LLC now owns 17,264 shares of the exchange traded fund’s stock worth $1,465,000 after buying an additional 361 shares during the last quarter. Midwest Trust Co bought a new stake in SPDR Bloomberg Convertible Securities ETF in the second quarter valued at approximately $315,000. Prospera Financial Services Inc lifted its position in shares of SPDR Bloomberg Convertible Securities ETF by 3.3% in the second quarter. Prospera Financial Services Inc now owns 44,377 shares of the exchange traded fund’s stock valued at $3,668,000 after buying an additional 1,405 shares during the last quarter. Finally, RWA Wealth Partners LLC boosted its stake in shares of SPDR Bloomberg Convertible Securities ETF by 1,917.3% during the 2nd quarter. RWA Wealth Partners LLC now owns 75,628 shares of the exchange traded fund’s stock worth $6,251,000 after acquiring an additional 71,879 shares during the period.

SPDR Bloomberg Convertible Securities ETF Stock Down 0.6%

Shares of SPDR Bloomberg Convertible Securities ETF stock opened at $91.41 on Thursday. The business has a fifty day simple moving average of $91.07 and a two-hundred day simple moving average of $85.47. SPDR Bloomberg Convertible Securities ETF has a 1 year low of $70.56 and a 1 year high of $94.94.

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.