Florin Court Capital LLP trimmed its holdings in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB – Free Report) by 43.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 43,895 shares of the exchange traded fund’s stock after selling 33,800 shares during the period. SPDR Bloomberg Convertible Securities ETF accounts for about 5.5% of Florin Court Capital LLP’s investment portfolio, making the stock its 7th largest position. Florin Court Capital LLP owned about 0.08% of SPDR Bloomberg Convertible Securities ETF worth $3,915,000 as of its most recent SEC filing.
A number of other large investors have also recently added to or reduced their stakes in CWB. High Point Wealth Management LLC acquired a new stake in SPDR Bloomberg Convertible Securities ETF in the 4th quarter valued at about $26,000. Highline Wealth Partners LLC acquired a new stake in SPDR Bloomberg Convertible Securities ETF in the 4th quarter valued at about $39,000. Glassy Mountain Advisors Inc. acquired a new stake in SPDR Bloomberg Convertible Securities ETF in the 3rd quarter valued at about $52,000. Harbor Investment Advisory LLC acquired a new stake in SPDR Bloomberg Convertible Securities ETF in the 4th quarter valued at about $53,000. Finally, Rossby Financial LCC grew its stake in SPDR Bloomberg Convertible Securities ETF by 19.8% in the 3rd quarter. Rossby Financial LCC now owns 1,004 shares of the exchange traded fund’s stock valued at $92,000 after acquiring an additional 166 shares during the last quarter.
SPDR Bloomberg Convertible Securities ETF Price Performance
Shares of NYSEARCA CWB opened at $104.50 on Friday. SPDR Bloomberg Convertible Securities ETF has a 52 week low of $79.13 and a 52 week high of $107.04. The company’s 50-day moving average price is $97.16 and its 200 day moving average price is $93.80.
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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