MV Capital Management Inc. Buys Shares of 5,401 SPDR Bloomberg Convertible Securities ETF $CWB

MV Capital Management Inc. bought a new position in shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 5,401 shares of the exchange traded fund’s stock, valued at approximately $482,000.

A number of other large investors also recently modified their holdings of the business. Jane Street Group LLC grew its position in shares of SPDR Bloomberg Convertible Securities ETF by 406.6% during the 4th quarter. Jane Street Group LLC now owns 548,444 shares of the exchange traded fund’s stock valued at $48,921,000 after buying an additional 440,188 shares during the last quarter. Ameriprise Financial Inc. lifted 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 acquiring an additional 346,925 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in SPDR Bloomberg Convertible Securities ETF by 37.4% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 899,734 shares of the exchange traded fund’s stock worth $81,426,000 after acquiring an additional 244,707 shares during the last quarter. Horizon Investments LLC grew its holdings in shares of SPDR Bloomberg Convertible Securities ETF by 254.9% during the third quarter. Horizon Investments LLC now owns 301,023 shares of the exchange traded fund’s stock valued at $27,182,000 after purchasing an additional 216,213 shares during the last quarter. Finally, Aegis Wealth Management Inc. acquired a new stake in shares of SPDR Bloomberg Convertible Securities ETF during the 4th quarter worth approximately $12,287,000.

SPDR Bloomberg Convertible Securities ETF Trading Up 0.9%

Shares of SPDR Bloomberg Convertible Securities ETF stock opened at $110.58 on Friday. SPDR Bloomberg Convertible Securities ETF has a twelve month low of $80.00 and a twelve month high of $112.02. The business’s 50 day simple moving average is $104.02 and its 200-day simple moving average is $96.57.

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.