Petix & Botte Co Sells 9,384 Shares of SPDR Bloomberg Convertible Securities ETF $CWB

Petix & Botte Co reduced its position in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 11.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 75,211 shares of the exchange traded fund’s stock after selling 9,384 shares during the period. SPDR Bloomberg Convertible Securities ETF makes up 1.5% of Petix & Botte Co’s investment portfolio, making the stock its 24th largest holding. Petix & Botte Co owned about 0.14% of SPDR Bloomberg Convertible Securities ETF worth $6,709,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of CWB. Stablepoint Partners LLC increased its stake in SPDR Bloomberg Convertible Securities ETF by 1.2% during the 4th quarter. Stablepoint Partners LLC now owns 9,164 shares of the exchange traded fund’s stock valued at $817,000 after purchasing an additional 111 shares in the last quarter. Money Concepts Capital Corp lifted its stake in shares of SPDR Bloomberg Convertible Securities ETF by 3.5% in the fourth quarter. Money Concepts Capital Corp now owns 3,343 shares of the exchange traded fund’s stock valued at $298,000 after buying an additional 112 shares in the last quarter. Intrust Bank NA lifted its stake in shares of SPDR Bloomberg Convertible Securities ETF by 1.2% in the third quarter. Intrust Bank NA now owns 10,725 shares of the exchange traded fund’s stock valued at $971,000 after buying an additional 125 shares in the last quarter. Chicago Partners Investment Group LLC grew its holdings in shares of SPDR Bloomberg Convertible Securities ETF by 0.3% during the fourth quarter. Chicago Partners Investment Group LLC now owns 45,855 shares of the exchange traded fund’s stock valued at $4,305,000 after buying an additional 125 shares during the last quarter. Finally, Absolute Capital Management LLC grew its holdings in shares of SPDR Bloomberg Convertible Securities ETF by 4.5% during the third quarter. Absolute Capital Management LLC now owns 3,064 shares of the exchange traded fund’s stock valued at $277,000 after buying an additional 132 shares during the last quarter.

SPDR Bloomberg Convertible Securities ETF Price Performance

NYSEARCA:CWB opened at $106.57 on Friday. SPDR Bloomberg Convertible Securities ETF has a one year low of $79.13 and a one year high of $107.05. The firm has a 50-day moving average of $96.95 and a 200-day moving average of $93.73.

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.