SPDR Bloomberg Convertible Securities ETF $CWB Stock Holdings Trimmed by Brookstone Capital Management

Brookstone Capital Management lowered its holdings in shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 17.1% during the 2nd quarter, Holdings Channel reports. The fund owned 15,324 shares of the exchange traded fund’s stock after selling 3,170 shares during the period. Brookstone Capital Management’s holdings in SPDR Bloomberg Convertible Securities ETF were worth $1,267,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. Proffitt & Goodson Inc. bought a new stake in SPDR Bloomberg Convertible Securities ETF during the 2nd quarter valued at $36,000. Farmers & Merchants Trust Co of Chambersburg PA bought a new stake in SPDR Bloomberg Convertible Securities ETF during the 2nd quarter valued at $50,000. SVB Wealth LLC bought a new stake in SPDR Bloomberg Convertible Securities ETF during the 1st quarter valued at $53,000. Wayfinding Financial LLC bought a new stake in SPDR Bloomberg Convertible Securities ETF during the 1st quarter valued at $59,000. Finally, Wealth Preservation Advisors LLC bought a new stake in SPDR Bloomberg Convertible Securities ETF during the 1st quarter valued at $61,000.

SPDR Bloomberg Convertible Securities ETF Price Performance

CWB opened at $92.83 on Friday. SPDR Bloomberg Convertible Securities ETF has a one year low of $70.56 and a one year high of $94.34. The stock’s fifty day moving average is $89.31 and its 200-day moving average is $83.80.

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.