Graetz Wealth LLC lifted its stake in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB – Free Report) by 19.1% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 34,399 shares of the exchange traded fund’s stock after buying an additional 5,522 shares during the period. SPDR Bloomberg Convertible Securities ETF comprises approximately 2.8% of Graetz Wealth LLC’s holdings, making the stock its 8th largest holding. Graetz Wealth LLC’s holdings in SPDR Bloomberg Convertible Securities ETF were worth $3,148,000 as of its most recent SEC filing.
Several other institutional investors have also bought and sold shares of the stock. Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of SPDR Bloomberg Convertible Securities ETF by 12.5% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 56,782 shares of the exchange traded fund’s stock valued at $5,065,000 after acquiring an additional 6,322 shares during the period. Liberty Atlantic Advisors LLC bought a new stake in shares of SPDR Bloomberg Convertible Securities ETF in the 4th quarter worth about $457,000. LPL Financial LLC grew its holdings in shares of SPDR Bloomberg Convertible Securities ETF by 2.3% in the 4th quarter. LPL Financial LLC now owns 1,578,806 shares of the exchange traded fund’s stock worth $140,830,000 after purchasing an additional 35,217 shares during the last quarter. Tcfg Wealth Management LLC acquired a new stake in shares of SPDR Bloomberg Convertible Securities ETF during the 3rd quarter worth about $1,380,000. Finally, FORM Wealth Advisors LLC bought a new position in SPDR Bloomberg Convertible Securities ETF during the 4th quarter valued at about $563,000.
SPDR Bloomberg Convertible Securities ETF Stock Performance
NYSEARCA:CWB opened at $105.62 on Friday. SPDR Bloomberg Convertible Securities ETF has a 12 month low of $83.18 and a 12 month high of $112.02. The company’s 50-day moving average price is $106.20 and its two-hundred day moving average price is $98.31.
SPDR Bloomberg Convertible Securities ETF 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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