Proffitt & Goodson Inc. Makes New Investment in SPDR Bloomberg Convertible Securities ETF $CWB

Proffitt & Goodson Inc. bought a new position in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) in the second quarter, HoldingsChannel.com reports. The fund bought 430 shares of the exchange traded fund’s stock, valued at approximately $36,000.

A number of other hedge funds have also recently modified their holdings of CWB. Farther Finance Advisors LLC grew its position in shares of SPDR Bloomberg Convertible Securities ETF by 38,822.7% during the 1st quarter. Farther Finance Advisors LLC now owns 8,563 shares of the exchange traded fund’s stock valued at $657,000 after acquiring an additional 8,541 shares during the period. Delta Capital Management LLC grew its position in shares of SPDR Bloomberg Convertible Securities ETF by 1.4% during the 1st quarter. Delta Capital Management LLC now owns 1,086,000 shares of the exchange traded fund’s stock valued at $83,209,000 after acquiring an additional 15,000 shares during the period. Janney Montgomery Scott LLC grew its position in shares of SPDR Bloomberg Convertible Securities ETF by 0.5% during the 1st quarter. Janney Montgomery Scott LLC now owns 155,479 shares of the exchange traded fund’s stock valued at $11,913,000 after acquiring an additional 732 shares during the period. Kingswood Wealth Advisors LLC grew its position in shares of SPDR Bloomberg Convertible Securities ETF by 56.9% during the 1st quarter. Kingswood Wealth Advisors LLC now owns 29,754 shares of the exchange traded fund’s stock valued at $2,283,000 after acquiring an additional 10,790 shares during the period. Finally, Cambridge Investment Research Advisors Inc. grew its position in shares of SPDR Bloomberg Convertible Securities ETF by 3.0% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 265,839 shares of the exchange traded fund’s stock valued at $20,369,000 after acquiring an additional 7,825 shares during the period.

SPDR Bloomberg Convertible Securities ETF Price Performance

Shares of CWB stock opened at $91.96 on Wednesday. SPDR Bloomberg Convertible Securities ETF has a 1 year low of $70.56 and a 1 year high of $93.06. The firm has a fifty day moving average price of $87.35 and a 200-day moving average price of $82.30.

About SPDR Bloomberg Convertible Securities ETF

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.