6,308 Shares in SPDR Bloomberg Convertible Securities ETF $CWB Bought by FORM Wealth Advisors LLC

FORM Wealth Advisors LLC bought a new position in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 6,308 shares of the exchange traded fund’s stock, valued at approximately $563,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in CWB. Qube Research & Technologies Ltd grew its position in SPDR Bloomberg Convertible Securities ETF by 66.4% in the second quarter. Qube Research & Technologies Ltd now owns 4,913 shares of the exchange traded fund’s stock worth $406,000 after acquiring an additional 1,961 shares in the last quarter. NewEdge Advisors LLC lifted its stake in SPDR Bloomberg Convertible Securities ETF by 374.1% in the second quarter. NewEdge Advisors LLC now owns 50,337 shares of the exchange traded fund’s stock worth $4,161,000 after purchasing an additional 39,719 shares during the last quarter. Diversify Advisory Services LLC bought a new stake in SPDR Bloomberg Convertible Securities ETF in the second quarter worth $216,000. Diversify Wealth Management LLC bought a new stake in SPDR Bloomberg Convertible Securities ETF in the second quarter worth $344,000. Finally, Raymond James Financial Inc. lifted its stake in SPDR Bloomberg Convertible Securities ETF by 7.4% in the second quarter. Raymond James Financial Inc. now owns 362,992 shares of the exchange traded fund’s stock worth $30,005,000 after purchasing an additional 25,039 shares during the last quarter.

SPDR Bloomberg Convertible Securities ETF Price Performance

SPDR Bloomberg Convertible Securities ETF stock opened at $99.90 on Wednesday. The firm has a fifty day simple moving average of $94.42 and a two-hundred day simple moving average of $92.60. SPDR Bloomberg Convertible Securities ETF has a twelve month low of $74.19 and a twelve month high of $101.17.

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.