SPDR Bloomberg Convertible Securities ETF $CWB Shares Bought by Simplicity Wealth LLC

Simplicity Wealth LLC grew its stake in shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 118.0% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 72,844 shares of the exchange traded fund’s stock after acquiring an additional 39,424 shares during the quarter. Simplicity Wealth LLC owned about 0.15% of SPDR Bloomberg Convertible Securities ETF worth $6,021,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Sunbelt Securities Inc. increased its position in SPDR Bloomberg Convertible Securities ETF by 5.5% during the 1st quarter. Sunbelt Securities Inc. now owns 2,673 shares of the exchange traded fund’s stock worth $205,000 after purchasing an additional 139 shares in the last quarter. Farrell Financial LLC increased its position in SPDR Bloomberg Convertible Securities ETF by 1.2% during the 2nd quarter. Farrell Financial LLC now owns 13,252 shares of the exchange traded fund’s stock worth $1,095,000 after purchasing an additional 159 shares in the last quarter. Mascagni Wealth Management Inc. increased its position in SPDR Bloomberg Convertible Securities ETF by 4.8% during the 1st quarter. Mascagni Wealth Management Inc. now owns 4,434 shares of the exchange traded fund’s stock worth $345,000 after purchasing an additional 204 shares in the last quarter. First National Corp MA ADV increased its position in SPDR Bloomberg Convertible Securities ETF by 0.7% during the 2nd quarter. First National Corp MA ADV now owns 30,183 shares of the exchange traded fund’s stock worth $2,495,000 after purchasing an additional 217 shares in the last quarter. Finally, Focused Wealth Management Inc increased its position in SPDR Bloomberg Convertible Securities ETF by 6.2% during the 2nd quarter. Focused Wealth Management Inc now owns 3,729 shares of the exchange traded fund’s stock worth $308,000 after purchasing an additional 217 shares in the last quarter.

SPDR Bloomberg Convertible Securities ETF Price Performance

CWB opened at $92.12 on Friday. The firm has a 50 day moving average price of $87.04 and a 200 day moving average price of $82.10. SPDR Bloomberg Convertible Securities ETF has a 1 year low of $70.56 and a 1 year high of $92.79.

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.