SPDR Bloomberg Convertible Securities ETF $CWB Shares Sold by World Investment Advisors

World Investment Advisors lowered its holdings in shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 74.0% during the 1st quarter, Holdings Channel reports. The fund owned 15,978 shares of the exchange traded fund’s stock after selling 45,407 shares during the period. World Investment Advisors’ holdings in SPDR Bloomberg Convertible Securities ETF were worth $1,462,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Bank of America Corp DE grew its stake in shares of SPDR Bloomberg Convertible Securities ETF by 0.5% in the 3rd quarter. Bank of America Corp DE now owns 2,634,532 shares of the exchange traded fund’s stock worth $238,425,000 after purchasing an additional 13,467 shares during the last quarter. LPL Financial LLC lifted its position in 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 buying an additional 35,217 shares in the last quarter. Wells Fargo & Company MN grew its stake in SPDR Bloomberg Convertible Securities ETF by 3.4% in the fourth quarter. Wells Fargo & Company MN now owns 1,483,024 shares of the exchange traded fund’s stock valued at $132,286,000 after purchasing an additional 48,840 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in SPDR Bloomberg Convertible Securities ETF by 15.8% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,042,121 shares of the exchange traded fund’s stock worth $92,957,000 after buying an additional 142,387 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its holdings in SPDR Bloomberg Convertible Securities ETF by 76.1% in the third quarter. Ameriprise Financial Inc. now owns 802,532 shares of the exchange traded fund’s stock worth $72,599,000 after purchasing an additional 346,925 shares in the last quarter.

SPDR Bloomberg Convertible Securities ETF Price Performance

Shares of NYSEARCA CWB opened at $103.85 on Wednesday. SPDR Bloomberg Convertible Securities ETF has a 52 week low of $82.78 and a 52 week high of $112.02. The business’s 50-day simple moving average is $106.00 and its 200-day simple moving average is $98.09.

SPDR Bloomberg Convertible Securities ETF Company 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.