FSC Wealth Advisors LLC Trims Stock Position in SPDR Bloomberg Convertible Securities ETF $CWB

FSC Wealth Advisors LLC trimmed its holdings in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWBFree Report) by 92.2% in the first quarter, Holdings Channel reports. The fund owned 4,728 shares of the exchange traded fund’s stock after selling 55,887 shares during the period. SPDR Bloomberg Convertible Securities ETF accounts for about 8.3% of FSC Wealth Advisors LLC’s portfolio, making the stock its 5th biggest position. FSC Wealth Advisors LLC’s holdings in SPDR Bloomberg Convertible Securities ETF were worth $433,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the business. High Point Wealth Management LLC acquired a new position in shares of SPDR Bloomberg Convertible Securities ETF in the 4th quarter valued at approximately $26,000. Arax Advisory Partners acquired a new stake in SPDR Bloomberg Convertible Securities ETF during the 4th quarter worth approximately $30,000. Annis Gardner Whiting Capital Advisors LLC bought a new position in SPDR Bloomberg Convertible Securities ETF in the fourth quarter valued at approximately $36,000. Highline Wealth Partners LLC bought a new position in SPDR Bloomberg Convertible Securities ETF in the fourth quarter valued at approximately $39,000. Finally, Copia Wealth Management acquired a new position in shares of SPDR Bloomberg Convertible Securities ETF in the fourth quarter valued at approximately $43,000.

SPDR Bloomberg Convertible Securities ETF Stock Performance

Shares of NYSEARCA:CWB opened at $107.52 on Friday. SPDR Bloomberg Convertible Securities ETF has a 12 month low of $81.61 and a 12 month high of $112.02. The company’s fifty day simple moving average is $105.17 and its 200 day simple moving average is $97.22.

SPDR Bloomberg Convertible Securities ETF Company Profile

(Free Report)

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

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