Midwest Professional Planners LTD. purchased a new position in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB – Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 38,939 shares of the exchange traded fund’s stock, valued at approximately $3,564,000. Midwest Professional Planners LTD. owned approximately 0.07% of SPDR Bloomberg Convertible Securities ETF as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Mirae Asset Global Investments Co. Ltd. grew its holdings in SPDR Bloomberg Convertible Securities ETF by 12.5% during the 4th 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 buying an additional 6,322 shares in the last quarter. Liberty Atlantic Advisors LLC bought a new position in shares of SPDR Bloomberg Convertible Securities ETF during the 4th quarter valued at approximately $457,000. LPL Financial LLC boosted its position in shares of SPDR Bloomberg Convertible Securities ETF by 2.3% during the 4th quarter. LPL Financial LLC now owns 1,578,806 shares of the exchange traded fund’s stock valued at $140,830,000 after acquiring an additional 35,217 shares during the last quarter. Tcfg Wealth Management LLC bought a new position in shares of SPDR Bloomberg Convertible Securities ETF during the 3rd quarter valued at approximately $1,380,000. Finally, FORM Wealth Advisors LLC purchased a new position in shares of SPDR Bloomberg Convertible Securities ETF in the fourth quarter valued at $563,000.
SPDR Bloomberg Convertible Securities ETF Stock Performance
Shares of CWB opened at $103.59 on Thursday. The company’s fifty day moving average is $106.33 and its 200 day moving average is $98.69. SPDR Bloomberg Convertible Securities ETF has a fifty-two week low of $83.18 and a fifty-two week high of $112.02.
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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