Tucker Asset Management LLC purchased a new position in shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB – Free Report) during the second quarter, HoldingsChannel reports. The firm purchased 18,295 shares of the exchange traded fund’s stock, valued at approximately $1,973,000.
Several other institutional investors also recently modified their holdings of CWB. Jane Street Group LLC lifted its stake in shares of SPDR Bloomberg Convertible Securities ETF by 406.6% in the fourth quarter. Jane Street Group LLC now owns 548,444 shares of the exchange traded fund’s stock worth $48,921,000 after acquiring an additional 440,188 shares during the period. Ameriprise Financial Inc. boosted its holdings in SPDR Bloomberg Convertible Securities ETF by 76.1% in the third quarter. Ameriprise Financial Inc. now owns 802,532 shares of the exchange traded fund’s stock valued at $72,599,000 after acquiring an additional 346,925 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in SPDR Bloomberg Convertible Securities ETF by 37.4% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 899,734 shares of the exchange traded fund’s stock valued at $81,426,000 after purchasing an additional 244,707 shares during the period. Horizon Investments LLC increased its position in SPDR Bloomberg Convertible Securities ETF by 254.9% during the 3rd quarter. Horizon Investments LLC now owns 301,023 shares of the exchange traded fund’s stock valued at $27,182,000 after purchasing an additional 216,213 shares during the period. Finally, Aegis Wealth Management Inc. bought a new position in SPDR Bloomberg Convertible Securities ETF during the 4th quarter worth approximately $12,287,000.
SPDR Bloomberg Convertible Securities ETF Stock Performance
Shares of NYSEARCA CWB opened at $102.95 on Monday. SPDR Bloomberg Convertible Securities ETF has a 52-week low of $85.37 and a 52-week high of $112.02. The company’s 50 day moving average price is $103.61 and its 200-day moving average price is $101.32.
SPDR Bloomberg Convertible Securities ETF Company 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. 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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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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