William Mack & Associates Inc. grew its position in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB – Free Report) by 21.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 181,336 shares of the exchange traded fund’s stock after purchasing an additional 32,553 shares during the period. SPDR Bloomberg Convertible Securities ETF comprises about 7.6% of William Mack & Associates Inc.’s portfolio, making the stock its 4th largest position. William Mack & Associates Inc.’s holdings in SPDR Bloomberg Convertible Securities ETF were worth $16,175,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently made changes to their positions in CWB. Qube Research & Technologies Ltd raised its holdings in shares of SPDR Bloomberg Convertible Securities ETF by 66.4% in the second quarter. Qube Research & Technologies Ltd now owns 4,913 shares of the exchange traded fund’s stock valued at $406,000 after purchasing an additional 1,961 shares during the last quarter. NewEdge Advisors LLC raised its holdings in shares of SPDR Bloomberg Convertible Securities ETF by 374.1% in the second quarter. NewEdge Advisors LLC now owns 50,337 shares of the exchange traded fund’s stock valued at $4,161,000 after purchasing an additional 39,719 shares during the last quarter. Diversify Advisory Services LLC purchased a new stake in shares of SPDR Bloomberg Convertible Securities ETF in the second quarter valued at about $216,000. Diversify Wealth Management LLC purchased a new stake in shares of SPDR Bloomberg Convertible Securities ETF in the second quarter valued at about $344,000. Finally, Raymond James Financial Inc. raised its holdings in shares of SPDR Bloomberg Convertible Securities ETF by 7.4% in the second quarter. Raymond James Financial Inc. now owns 362,992 shares of the exchange traded fund’s stock valued at $30,005,000 after purchasing an additional 25,039 shares during the last quarter.
SPDR Bloomberg Convertible Securities ETF Trading Up 0.3%
Shares of CWB stock opened at $105.65 on Friday. The firm has a 50-day moving average of $98.28 and a 200-day moving average of $94.18. SPDR Bloomberg Convertible Securities ETF has a one year low of $79.13 and a one year high of $107.04.
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. Convertible Bond >$500MM Index (the Index), the Fund employs a sampling strategy, which means that the Fund is not required to purchase all of the securities represented in the Index.
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