L.M. Kohn & Company Lowers Holdings in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB)

L.M. Kohn & Company lowered its position in shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 3.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 13,056 shares of the exchange traded fund’s stock after selling 408 shares during the period. L.M. Kohn & Company’s holdings in SPDR Bloomberg Convertible Securities ETF were worth $1,017,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in SPDR Bloomberg Convertible Securities ETF by 117.1% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 471 shares of the exchange traded fund’s stock worth $37,000 after buying an additional 254 shares during the period. Roxbury Financial LLC purchased a new stake in shares of SPDR Bloomberg Convertible Securities ETF during the 4th quarter worth $45,000. Oakworth Capital Inc. bought a new stake in SPDR Bloomberg Convertible Securities ETF during the third quarter valued at about $92,000. Trust Co. of Vermont purchased a new position in SPDR Bloomberg Convertible Securities ETF in the third quarter valued at about $119,000. Finally, Eastern Bank bought a new position in SPDR Bloomberg Convertible Securities ETF in the third quarter worth about $123,000.

SPDR Bloomberg Convertible Securities ETF Stock Up 0.3 %

Shares of SPDR Bloomberg Convertible Securities ETF stock opened at $81.32 on Friday. The firm’s 50 day moving average price is $79.70 and its 200-day moving average price is $77.50. SPDR Bloomberg Convertible Securities ETF has a 52-week low of $69.45 and a 52-week high of $82.24.

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.