Focus Financial Network Inc. Has $2.81 Million Holdings in SPDR Bloomberg Convertible Securities ETF $CWB

Focus Financial Network Inc. grew its stake in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 2.5% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 33,973 shares of the exchange traded fund’s stock after buying an additional 820 shares during the quarter. Focus Financial Network Inc.’s holdings in SPDR Bloomberg Convertible Securities ETF were worth $2,808,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in CWB. Ameriprise Financial Inc. boosted its holdings in shares of SPDR Bloomberg Convertible Securities ETF by 34.1% in the first quarter. Ameriprise Financial Inc. now owns 1,345,622 shares of the exchange traded fund’s stock valued at $103,121,000 after buying an additional 341,981 shares during the period. HMS Capital Management LLC boosted its holdings in shares of SPDR Bloomberg Convertible Securities ETF by 60.2% in the second quarter. HMS Capital Management LLC now owns 58,258 shares of the exchange traded fund’s stock valued at $4,816,000 after buying an additional 21,891 shares during the period. Confluence Wealth Services Inc. boosted its holdings in shares of SPDR Bloomberg Convertible Securities ETF by 106.5% in the first quarter. Confluence Wealth Services Inc. now owns 31,257 shares of the exchange traded fund’s stock valued at $2,373,000 after buying an additional 16,122 shares during the period. Delta Capital Management LLC boosted its holdings in shares of SPDR Bloomberg Convertible Securities ETF by 1.4% in the first quarter. Delta Capital Management LLC now owns 1,086,000 shares of the exchange traded fund’s stock valued at $83,209,000 after buying an additional 15,000 shares during the period. Finally, Lifestyle Asset Management Inc. boosted its holdings in shares of SPDR Bloomberg Convertible Securities ETF by 11.3% in the second quarter. Lifestyle Asset Management Inc. now owns 114,878 shares of the exchange traded fund’s stock valued at $9,496,000 after buying an additional 11,649 shares during the period.

SPDR Bloomberg Convertible Securities ETF Trading Up 1.0%

SPDR Bloomberg Convertible Securities ETF stock opened at $90.10 on Friday. SPDR Bloomberg Convertible Securities ETF has a twelve month low of $70.56 and a twelve month high of $90.26. The company has a 50 day moving average of $85.76 and a 200-day moving average of $81.05.

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.