Tidal Investments LLC grew its stake in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB – Free Report) by 45.1% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 46,441 shares of the exchange traded fund’s stock after buying an additional 14,444 shares during the period. Tidal Investments LLC’s holdings in SPDR Bloomberg Convertible Securities ETF were worth $5,000,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors and hedge funds also recently made changes to their positions in the company. Qube Research & Technologies Ltd grew its position in SPDR Bloomberg Convertible Securities ETF by 66.4% during the second quarter. Qube Research & Technologies Ltd now owns 4,913 shares of the exchange traded fund’s stock worth $406,000 after buying an additional 1,961 shares in the last quarter. NewEdge Advisors LLC lifted its position in shares of SPDR Bloomberg Convertible Securities ETF by 374.1% in the 2nd quarter. NewEdge Advisors LLC now owns 50,337 shares of the exchange traded fund’s stock worth $4,161,000 after acquiring an additional 39,719 shares during the period. Diversify Advisory Services LLC acquired a new stake in shares of SPDR Bloomberg Convertible Securities ETF during the 2nd quarter worth approximately $216,000. Diversify Wealth Management LLC acquired a new stake in shares of SPDR Bloomberg Convertible Securities ETF during the 2nd quarter worth approximately $344,000. Finally, Raymond James Financial Inc. increased its position in shares of SPDR Bloomberg Convertible Securities ETF by 7.4% during the second quarter. Raymond James Financial Inc. now owns 362,992 shares of the exchange traded fund’s stock valued at $30,005,000 after purchasing an additional 25,039 shares during the period.
SPDR Bloomberg Convertible Securities ETF Stock Performance
Shares of NYSEARCA CWB opened at $102.65 on Monday. The business has a fifty day simple moving average of $103.32 and a 200 day simple moving average of $101.62. SPDR Bloomberg Convertible Securities ETF has a one year low of $85.37 and a one year 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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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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