49,661 Shares in SPDR Bloomberg Convertible Securities ETF $CWB Bought by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. bought a new position in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 49,661 shares of the exchange traded fund’s stock, valued at approximately $5,025,000.

Several other large investors have also recently bought and sold shares of CWB. Modera Wealth Management LLC purchased a new position in shares of SPDR Bloomberg Convertible Securities ETF during the 3rd quarter valued at $13,040,000. International Assets Investment Management LLC increased its holdings in shares of SPDR Bloomberg Convertible Securities ETF by 2,013.3% in the third quarter. International Assets Investment Management LLC now owns 100,000 shares of the exchange traded fund’s stock worth $10,118,000 after purchasing an additional 95,268 shares during the period. D.A. Davidson & CO. bought a new position in shares of SPDR Bloomberg Convertible Securities ETF in the third quarter worth $525,000. Oppenheimer & Co. Inc. purchased a new stake in shares of SPDR Bloomberg Convertible Securities ETF in the third quarter worth $13,062,000. Finally, Aegis Wealth Management Inc. raised its position in shares of SPDR Bloomberg Convertible Securities ETF by 8.3% in the third quarter. Aegis Wealth Management Inc. now owns 131,985 shares of the exchange traded fund’s stock worth $13,354,000 after buying an additional 10,102 shares in the last quarter.

SPDR Bloomberg Convertible Securities ETF Trading Down 3.1%

Shares of CWB stock opened at $90.73 on Friday. SPDR Bloomberg Convertible Securities ETF has a 52-week low of $85.37 and a 52-week high of $112.02. The business’s fifty day moving average is $99.54 and its 200 day moving average is $100.10.

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. 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.