Wedbush Securities Inc. lowered its holdings in shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB – Free Report) by 22.7% during the second quarter, HoldingsChannel reports. The firm owned 4,347 shares of the exchange traded fund’s stock after selling 1,278 shares during the quarter. Wedbush Securities Inc.’s holdings in SPDR Bloomberg Convertible Securities ETF were worth $359,000 as of its most recent SEC filing.
Several other institutional investors have also added to or reduced their stakes in CWB. Nvwm LLC acquired a new position in shares of SPDR Bloomberg Convertible Securities ETF during the second quarter worth about $219,000. Paulson Wealth Management Inc. raised its position in SPDR Bloomberg Convertible Securities ETF by 1.1% during the second quarter. Paulson Wealth Management Inc. now owns 143,546 shares of the exchange traded fund’s stock worth $11,865,000 after acquiring an additional 1,630 shares in the last quarter. Savant Capital LLC bought a new stake in SPDR Bloomberg Convertible Securities ETF in the second quarter valued at approximately $238,000. Modera Wealth Management LLC raised its stake in SPDR Bloomberg Convertible Securities ETF by 22.2% in the 2nd quarter. Modera Wealth Management LLC now owns 143,998 shares of the exchange traded fund’s stock valued at $11,903,000 after acquiring an additional 26,144 shares during the period. Finally, Horan Securities Inc. acquired a new stake in shares of SPDR Bloomberg Convertible Securities ETF during the 2nd quarter worth about $225,000.
SPDR Bloomberg Convertible Securities ETF Trading Down 1.1%
Shares of SPDR Bloomberg Convertible Securities ETF stock opened at $90.44 on Thursday. SPDR Bloomberg Convertible Securities ETF has a twelve month low of $70.56 and a twelve month high of $94.94. The company has a 50-day simple moving average of $91.07 and a two-hundred day simple moving average of $85.47.
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.
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Want to see what other hedge funds are holding CWB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB – Free Report).
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