94,433 Shares in SPDR Bloomberg Convertible Securities ETF $CWB Purchased by NTV Asset Management LLC

NTV Asset Management LLC purchased a new stake in shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 94,433 shares of the exchange traded fund’s stock, valued at approximately $9,555,000. SPDR Bloomberg Convertible Securities ETF makes up about 0.9% of NTV Asset Management LLC’s investment portfolio, making the stock its 27th biggest position. NTV Asset Management LLC owned about 0.17% of SPDR Bloomberg Convertible Securities ETF as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Bank of America Corp DE boosted its position in SPDR Bloomberg Convertible Securities ETF by 1.0% during the first quarter. Bank of America Corp DE now owns 2,654,014 shares of the exchange traded fund’s stock worth $242,895,000 after purchasing an additional 26,717 shares during the period. Envestnet Asset Management Inc. grew its holdings in SPDR Bloomberg Convertible Securities ETF by 346.2% during the second quarter. Envestnet Asset Management Inc. now owns 2,004,950 shares of the exchange traded fund’s stock valued at $216,174,000 after purchasing an additional 1,555,591 shares during the last quarter. Howard Capital Management LLC grew its holdings in SPDR Bloomberg Convertible Securities ETF by 1.3% during the third quarter. Howard Capital Management LLC now owns 2,020,000 shares of the exchange traded fund’s stock valued at $204,384,000 after purchasing an additional 26,904 shares during the last quarter. Delta Capital Management LLC acquired a new position in SPDR Bloomberg Convertible Securities ETF during the third quarter valued at approximately $119,999,000. Finally, Bessemer Group Inc. grew its holdings in SPDR Bloomberg Convertible Securities ETF by 7.4% during the first quarter. Bessemer Group Inc. now owns 1,215,879 shares of the exchange traded fund’s stock valued at $111,278,000 after purchasing an additional 83,758 shares during the last quarter.

SPDR Bloomberg Convertible Securities ETF Price Performance

NYSEARCA CWB opened at $95.15 on Friday. The company has a fifty day simple moving average of $101.22 and a 200 day simple moving average of $103.01. SPDR Bloomberg Convertible Securities ETF has a 1 year low of $85.37 and a 1 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.