Guggenheim Capital LLC Reduces Position in SPDR Bloomberg Convertible Securities ETF $CWB

Guggenheim Capital LLC trimmed its holdings in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 14.6% in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 184,095 shares of the exchange traded fund’s stock after selling 31,457 shares during the quarter. Guggenheim Capital LLC owned about 0.37% of SPDR Bloomberg Convertible Securities ETF worth $15,217,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Boyd Watterson Asset Management LLC OH bought a new stake in shares of SPDR Bloomberg Convertible Securities ETF in the second quarter worth approximately $26,000. First Command Advisory Services Inc. bought a new position in SPDR Bloomberg Convertible Securities ETF during the second quarter valued at approximately $29,000. Proffitt & Goodson Inc. purchased a new stake in SPDR Bloomberg Convertible Securities ETF in the second quarter worth approximately $36,000. Farmers & Merchants Trust Co of Chambersburg PA purchased a new stake in SPDR Bloomberg Convertible Securities ETF in the second quarter worth approximately $50,000. Finally, SVB Wealth LLC bought a new stake in SPDR Bloomberg Convertible Securities ETF in the 1st quarter worth approximately $53,000.

SPDR Bloomberg Convertible Securities ETF Trading Up 0.8%

Shares of CWB opened at $90.68 on Friday. The firm has a fifty day simple moving average of $91.14 and a two-hundred day simple moving average of $86.54. SPDR Bloomberg Convertible Securities ETF has a 1-year low of $70.56 and a 1-year high of $94.94.

SPDR Bloomberg Convertible Securities ETF Company 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.