Waystone Advisors LLC purchased a new stake in shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB – Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 7,202 shares of the exchange traded fund’s stock, valued at approximately $642,000.
A number of other hedge funds and other institutional investors have also bought and sold shares of CWB. Ameriprise Financial Inc. increased its stake in SPDR Bloomberg Convertible Securities ETF by 76.1% during the 3rd quarter. Ameriprise Financial Inc. now owns 802,532 shares of the exchange traded fund’s stock valued at $72,599,000 after purchasing an additional 346,925 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its stake 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 in the last quarter. Horizon Investments LLC grew its stake in shares of SPDR Bloomberg Convertible Securities ETF by 254.9% in the 3rd quarter. Horizon Investments LLC now owns 301,023 shares of the exchange traded fund’s stock worth $27,182,000 after acquiring an additional 216,213 shares in the last quarter. Aegis Wealth Management Inc. bought a new stake in shares of SPDR Bloomberg Convertible Securities ETF in the 4th quarter worth $12,287,000. Finally, PFG Advisors bought a new stake in shares of SPDR Bloomberg Convertible Securities ETF in the 3rd quarter worth $8,237,000.
SPDR Bloomberg Convertible Securities ETF Trading Up 0.1%
NYSEARCA CWB opened at $106.91 on Thursday. SPDR Bloomberg Convertible Securities ETF has a 1 year low of $79.13 and a 1 year high of $107.22. The company has a fifty day moving average price of $99.12 and a 200-day moving average price of $94.49.
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.
Further Reading
- Five stocks we like better than SPDR Bloomberg Convertible Securities ETF
- Abercrombie Rallies as Strong Q1 Earnings Extend Winning Streak
- TeraWulf Bets on Power Infrastructure to Lead AI Build-Out
- Amazon’s Alexa for Shopping Strengthens an Already Strong Bull Case
- Keysight: The AI and Defense Stock Seeing Big Price Target Boosts
Receive News & Ratings for SPDR Bloomberg Convertible Securities ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Bloomberg Convertible Securities ETF and related companies with MarketBeat.com's FREE daily email newsletter.
