SPDR Bloomberg Convertible Securities ETF $CWB Shares Purchased by D.A. Davidson & CO.

D.A. Davidson & CO. boosted its holdings in shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 83.6% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 13,495 shares of the exchange traded fund’s stock after buying an additional 6,145 shares during the quarter. D.A. Davidson & CO.’s holdings in SPDR Bloomberg Convertible Securities ETF were worth $1,235,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Jane Street Group LLC boosted its holdings in SPDR Bloomberg Convertible Securities ETF by 406.6% in the fourth quarter. Jane Street Group LLC now owns 548,444 shares of the exchange traded fund’s stock worth $48,921,000 after acquiring an additional 440,188 shares in the last quarter. Ameriprise Financial Inc. grew its stake in shares of 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. increased its holdings in shares of SPDR Bloomberg Convertible Securities ETF by 37.4% during 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 acquiring an additional 244,707 shares in the last quarter. Horizon Investments LLC increased 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 acquiring an additional 216,213 shares in the last quarter. Finally, Aegis Wealth Management Inc. purchased a new position in shares of SPDR Bloomberg Convertible Securities ETF in the 4th quarter valued at approximately $12,287,000.

SPDR Bloomberg Convertible Securities ETF Stock Up 0.3%

Shares of SPDR Bloomberg Convertible Securities ETF stock opened at $104.00 on Thursday. The company has a 50 day moving average price of $106.07 and a 200 day moving average price of $99.14. SPDR Bloomberg Convertible Securities ETF has a 52 week low of $83.18 and a 52 week 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.