NewEdge Advisors LLC Sells 76,014 Shares of SPDR Bloomberg Convertible Securities ETF $CWB

NewEdge Advisors LLC trimmed its holdings in shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 83.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 15,272 shares of the exchange traded fund’s stock after selling 76,014 shares during the quarter. NewEdge Advisors LLC’s holdings in SPDR Bloomberg Convertible Securities ETF were worth $1,398,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in CWB. Qube Research & Technologies Ltd grew its position in SPDR Bloomberg Convertible Securities ETF by 66.4% in the second quarter. Qube Research & Technologies Ltd now owns 4,913 shares of the exchange traded fund’s stock worth $406,000 after acquiring an additional 1,961 shares in the last quarter. Diversify Advisory Services LLC purchased a new stake in SPDR Bloomberg Convertible Securities ETF during the second quarter valued at approximately $216,000. Diversify Wealth Management LLC purchased a new stake in SPDR Bloomberg Convertible Securities ETF during the second quarter valued at approximately $344,000. Raymond James Financial Inc. lifted its stake in shares of SPDR Bloomberg Convertible Securities ETF by 7.4% in the 2nd 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 last quarter. Finally, Ausdal Financial Partners Inc. lifted its stake in shares of SPDR Bloomberg Convertible Securities ETF by 46.8% in the 2nd quarter. Ausdal Financial Partners Inc. now owns 3,961 shares of the exchange traded fund’s stock valued at $327,000 after purchasing an additional 1,263 shares during the last quarter.

SPDR Bloomberg Convertible Securities ETF Stock Performance

Shares of SPDR Bloomberg Convertible Securities ETF stock opened at $106.60 on Monday. The stock has a 50 day moving average price of $104.94 and a 200-day moving average price of $100.36. SPDR Bloomberg Convertible Securities ETF has a one year low of $84.02 and a one year high of $112.02.

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.