SPDR Bloomberg Convertible Securities ETF $CWB Stake Lifted by Strategic Investment Advisors MI

Strategic Investment Advisors MI grew its position in shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 8.5% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 105,804 shares of the exchange traded fund’s stock after acquiring an additional 8,283 shares during the quarter. Strategic Investment Advisors MI’s holdings in SPDR Bloomberg Convertible Securities ETF were worth $9,664,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently modified their holdings of CWB. Talon Private Wealth LLC bought a new position in shares of SPDR Bloomberg Convertible Securities ETF in the first quarter valued at approximately $2,188,000. Estate Counselors LLC lifted its holdings in shares of SPDR Bloomberg Convertible Securities ETF by 72.7% during the first quarter. Estate Counselors LLC now owns 230,144 shares of the exchange traded fund’s stock valued at $21,063,000 after purchasing an additional 96,844 shares during the last quarter. Gateway Wealth Partners LLC purchased a new stake in SPDR Bloomberg Convertible Securities ETF during the first quarter valued at about $634,000. Sentinel Advisory Group LLC acquired a new position in SPDR Bloomberg Convertible Securities ETF in the 1st quarter worth approximately $3,452,000. Finally, Renaissance Technologies LLC acquired a new stake in shares of SPDR Bloomberg Convertible Securities ETF in the first quarter worth $1,117,000.

SPDR Bloomberg Convertible Securities ETF Trading Down 1.9%

SPDR Bloomberg Convertible Securities ETF stock opened at $98.39 on Thursday. SPDR Bloomberg Convertible Securities ETF has a twelve month low of $83.18 and a twelve month high of $112.02. The firm’s 50 day moving average price is $105.77 and its two-hundred day moving average price is $99.47.

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. 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.