Advisors Preferred LLC Increases Stock Position in SPDR Bloomberg Convertible Securities ETF $CWB

Advisors Preferred LLC raised its holdings in shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 605.1% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 46,126 shares of the exchange traded fund’s stock after purchasing an additional 39,584 shares during the period. Advisors Preferred LLC’s holdings in SPDR Bloomberg Convertible Securities ETF were worth $3,796,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the business. Boyd Watterson Asset Management LLC OH purchased a new position in shares of SPDR Bloomberg Convertible Securities ETF in the 2nd quarter valued at approximately $26,000. First Command Advisory Services Inc. purchased a new position in shares of SPDR Bloomberg Convertible Securities ETF in the 2nd quarter valued at approximately $29,000. Proffitt & Goodson Inc. acquired a new position in SPDR Bloomberg Convertible Securities ETF during the 2nd quarter valued at approximately $36,000. Farmers & Merchants Trust Co of Chambersburg PA acquired a new position in SPDR Bloomberg Convertible Securities ETF during the 2nd quarter valued at approximately $50,000. Finally, SVB Wealth LLC acquired a new position in SPDR Bloomberg Convertible Securities ETF during the 1st quarter valued at approximately $53,000.

SPDR Bloomberg Convertible Securities ETF Stock Performance

Shares of SPDR Bloomberg Convertible Securities ETF stock opened at $93.29 on Tuesday. SPDR Bloomberg Convertible Securities ETF has a 12-month low of $70.56 and a 12-month high of $94.94. The firm’s 50 day simple moving average is $90.26 and its two-hundred day simple moving average is $84.73.

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.