SPDR Bloomberg Convertible Securities ETF $CWB Stock Position Decreased by Burns J W & Co. Inc. NY

Burns J W & Co. Inc. NY cut its position in shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 2.8% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,212 shares of the exchange traded fund’s stock after selling 553 shares during the period. Burns J W & Co. Inc. NY’s holdings in SPDR Bloomberg Convertible Securities ETF were worth $1,588,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Farther Finance Advisors LLC raised its stake 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 worth $657,000 after purchasing an additional 8,541 shares in the last quarter. Janney Montgomery Scott LLC raised its stake 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 worth $11,913,000 after purchasing an additional 732 shares in the last quarter. Virtue Capital Management LLC purchased a new stake in shares of SPDR Bloomberg Convertible Securities ETF during the 4th quarter worth about $434,000. Sunbelt Securities Inc. purchased a new stake in shares of SPDR Bloomberg Convertible Securities ETF during the 4th quarter worth about $198,000. Finally, Delta Capital Management LLC raised its stake in shares of SPDR Bloomberg Convertible Securities ETF by 1.4% in 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 in the last quarter.

SPDR Bloomberg Convertible Securities ETF Price Performance

Shares of CWB stock opened at $90.10 on Friday. The stock’s 50 day simple moving average is $85.76 and its 200 day simple moving average is $81.05. SPDR Bloomberg Convertible Securities ETF has a twelve month low of $70.56 and a twelve month high of $90.26.

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.