Webster Bank N. A. Decreases Stake in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB)

Webster Bank N. A. lessened its holdings in shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 4.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 10,045 shares of the exchange traded fund’s stock after selling 521 shares during the period. Webster Bank N. A.’s holdings in SPDR Bloomberg Convertible Securities ETF were worth $782,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. boosted its position in shares of SPDR Bloomberg Convertible Securities ETF by 117.1% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 471 shares of the exchange traded fund’s stock worth $37,000 after purchasing an additional 254 shares in the last quarter. Future Financial Wealth Managment LLC acquired a new stake in shares of SPDR Bloomberg Convertible Securities ETF in the third quarter valued at about $77,000. Oakworth Capital Inc. purchased a new stake in SPDR Bloomberg Convertible Securities ETF during the third quarter worth about $92,000. Trust Co. of Vermont acquired a new position in SPDR Bloomberg Convertible Securities ETF during the third quarter worth about $119,000. Finally, Eastern Bank purchased a new position in SPDR Bloomberg Convertible Securities ETF in the third quarter valued at about $123,000.

SPDR Bloomberg Convertible Securities ETF Stock Performance

CWB opened at $80.54 on Monday. SPDR Bloomberg Convertible Securities ETF has a 1-year low of $69.45 and a 1-year high of $82.24. The stock’s 50 day simple moving average is $79.92 and its 200 day simple moving average is $76.78.

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.