Midwest Trust Co Invests $315,000 in SPDR Bloomberg Convertible Securities ETF $CWB

Midwest Trust Co acquired a new stake in shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 3,815 shares of the exchange traded fund’s stock, valued at approximately $315,000.

A number of other institutional investors have also recently made changes to their positions in CWB. M3 Advisory Group LLC raised its stake in SPDR Bloomberg Convertible Securities ETF by 1.7% in the second quarter. M3 Advisory Group LLC now owns 10,267 shares of the exchange traded fund’s stock valued at $849,000 after buying an additional 167 shares during the last quarter. Elevation Capital Advisory LLC purchased a new stake in shares of SPDR Bloomberg Convertible Securities ETF during the second quarter worth about $3,112,000. ST Germain D J Co. Inc. increased its holdings in shares of SPDR Bloomberg Convertible Securities ETF by 73.7% during the second quarter. ST Germain D J Co. Inc. now owns 2,143 shares of the exchange traded fund’s stock valued at $177,000 after acquiring an additional 909 shares in the last quarter. Janney Montgomery Scott LLC increased its holdings in shares of SPDR Bloomberg Convertible Securities ETF by 0.6% during the second quarter. Janney Montgomery Scott LLC now owns 156,413 shares of the exchange traded fund’s stock valued at $12,929,000 after acquiring an additional 934 shares in the last quarter. Finally, Almanack Investment Partners LLC. purchased a new position in shares of SPDR Bloomberg Convertible Securities ETF in the 2nd quarter valued at approximately $377,000.

SPDR Bloomberg Convertible Securities ETF Price Performance

NYSEARCA:CWB opened at $91.41 on Thursday. SPDR Bloomberg Convertible Securities ETF has a twelve month low of $70.56 and a twelve month high of $94.94. The company’s 50 day moving average is $91.07 and its two-hundred day moving average is $85.47.

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.