SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) Sees Unusually-High Trading Volume – Here’s What Happened

SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWBGet Free Report) shares saw strong trading volume on Tuesday . 3,168,192 shares changed hands during mid-day trading, an increase of 418% from the previous session’s volume of 611,443 shares.The stock last traded at $75.91 and had previously closed at $75.99.

SPDR Bloomberg Convertible Securities ETF Price Performance

The company has a 50-day moving average of $79.40 and a 200-day moving average of $78.28.

Hedge Funds Weigh In On SPDR Bloomberg Convertible Securities ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of CWB. Boyd Watterson Asset Management LLC OH purchased a new stake in SPDR Bloomberg Convertible Securities ETF in the 4th quarter valued at approximately $27,000. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in shares of SPDR Bloomberg Convertible Securities ETF by 117.1% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 471 shares of the exchange traded fund’s stock valued at $37,000 after buying an additional 254 shares during the period. Roxbury Financial LLC purchased a new stake in shares of SPDR Bloomberg Convertible Securities ETF in the fourth quarter valued at approximately $45,000. Park Square Financial Group LLC purchased a new stake in shares of SPDR Bloomberg Convertible Securities ETF in the fourth quarter valued at approximately $87,000. Finally, SBI Securities Co. Ltd. acquired a new position in SPDR Bloomberg Convertible Securities ETF during the fourth quarter worth $152,000.

SPDR Bloomberg Convertible Securities ETF Company Profile

(Get Free Report)

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.

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