SPDR Bloomberg Convertible Securities ETF $CWB Shares Sold by Private Advisor Group LLC

Private Advisor Group LLC trimmed its position in shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 31.3% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 65,025 shares of the exchange traded fund’s stock after selling 29,630 shares during the quarter. Private Advisor Group LLC owned approximately 0.12% of SPDR Bloomberg Convertible Securities ETF worth $5,951,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Jane Street Group LLC boosted its position in shares of SPDR Bloomberg Convertible Securities ETF by 406.6% in the 4th quarter. Jane Street Group LLC now owns 548,444 shares of the exchange traded fund’s stock worth $48,921,000 after buying an additional 440,188 shares in the last quarter. Ameriprise Financial Inc. raised its position in SPDR Bloomberg Convertible Securities ETF by 76.1% during 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 shares of 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 valued at $81,426,000 after purchasing an additional 244,707 shares in the last quarter. Horizon Investments LLC lifted its holdings in shares of SPDR Bloomberg Convertible Securities ETF by 254.9% in 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 in the last quarter. Finally, Aegis Wealth Management Inc. purchased a new stake in shares of SPDR Bloomberg Convertible Securities ETF in the fourth quarter valued at about $12,287,000.

SPDR Bloomberg Convertible Securities ETF Stock Down 1.3%

Shares of CWB stock traded down $1.41 during trading hours on Tuesday, hitting $103.92. The company’s stock had a trading volume of 49,376 shares, compared to its average volume of 1,045,793. The business has a fifty day moving average of $105.93 and a 200-day moving average of $97.98. SPDR Bloomberg Convertible Securities ETF has a twelve month low of $82.78 and a twelve month 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.