SPDR Bloomberg Convertible Securities ETF $CWB Shares Sold by Wealth Management Resources Inc.

Wealth Management Resources Inc. lowered its holdings in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 6.9% in the second quarter, HoldingsChannel reports. The firm owned 7,235 shares of the exchange traded fund’s stock after selling 534 shares during the period. SPDR Bloomberg Convertible Securities ETF comprises about 0.2% of Wealth Management Resources Inc.’s portfolio, making the stock its 28th largest holding. Wealth Management Resources Inc.’s holdings in SPDR Bloomberg Convertible Securities ETF were worth $598,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Sunbelt Securities Inc. boosted its holdings in SPDR Bloomberg Convertible Securities ETF by 5.5% in the first quarter. Sunbelt Securities Inc. now owns 2,673 shares of the exchange traded fund’s stock valued at $205,000 after purchasing an additional 139 shares during the last quarter. Farrell Financial LLC boosted its holdings in SPDR Bloomberg Convertible Securities ETF by 1.2% in the second quarter. Farrell Financial LLC now owns 13,252 shares of the exchange traded fund’s stock valued at $1,095,000 after purchasing an additional 159 shares during the last quarter. Mascagni Wealth Management Inc. boosted its holdings in SPDR Bloomberg Convertible Securities ETF by 4.8% in the first quarter. Mascagni Wealth Management Inc. now owns 4,434 shares of the exchange traded fund’s stock valued at $345,000 after purchasing an additional 204 shares during the last quarter. First National Corp MA ADV boosted its holdings in SPDR Bloomberg Convertible Securities ETF by 0.7% in the second quarter. First National Corp MA ADV now owns 30,183 shares of the exchange traded fund’s stock valued at $2,495,000 after purchasing an additional 217 shares during the last quarter. Finally, Focused Wealth Management Inc boosted its holdings in SPDR Bloomberg Convertible Securities ETF by 6.2% in the second quarter. Focused Wealth Management Inc now owns 3,729 shares of the exchange traded fund’s stock valued at $308,000 after purchasing an additional 217 shares during the last quarter.

SPDR Bloomberg Convertible Securities ETF Price Performance

Shares of CWB opened at $90.90 on Friday. SPDR Bloomberg Convertible Securities ETF has a one year low of $70.56 and a one year high of $93.15. The stock has a 50-day moving average price of $87.80 and a 200 day moving average price of $82.55.

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.