Concourse Financial Group Securities Inc. Grows Stake in SPDR Bloomberg Barclays Convertible Securities ETF (NYSEARCA:CWB)

Concourse Financial Group Securities Inc. boosted its position in shares of SPDR Bloomberg Barclays Convertible Securities ETF (NYSEARCA:CWB) by 229.0% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,425 shares of the exchange traded fund’s stock after purchasing an additional 3,080 shares during the quarter. Concourse Financial Group Securities Inc.’s holdings in SPDR Bloomberg Barclays Convertible Securities ETF were worth $378,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Strategic Blueprint LLC purchased a new position in SPDR Bloomberg Barclays Convertible Securities ETF during the 2nd quarter worth $44,000. Massmutual Trust Co. FSB ADV purchased a new position in SPDR Bloomberg Barclays Convertible Securities ETF during the 2nd quarter worth $50,000. Strategic Asset Management LLC purchased a new position in SPDR Bloomberg Barclays Convertible Securities ETF during the 3rd quarter worth $96,000. Farmers & Merchants Investments Inc. purchased a new position in shares of SPDR Bloomberg Barclays Convertible Securities ETF in the 3rd quarter valued at $144,000. Finally, Smith Chas P & Associates PA Cpas purchased a new position in shares of SPDR Bloomberg Barclays Convertible Securities ETF in the 3rd quarter valued at $227,000.

Shares of NYSEARCA:CWB opened at $79.22 on Friday. SPDR Bloomberg Barclays Convertible Securities ETF has a 12-month low of $78.43 and a 12-month high of $92.97. The business’s fifty day simple moving average is $83.78 and its 200-day simple moving average is $85.60.

SPDR Bloomberg Barclays 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.

Further Reading: What are Closed-End Mutual Funds?

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Institutional Ownership by Quarter for SPDR Bloomberg Barclays Convertible Securities ETF (NYSEARCA:CWB)

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