SPDR Bloomberg Convertible Securities ETF $CWB Shares Acquired by US Bancorp DE

US Bancorp DE lifted its stake in shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 71.4% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 18,116 shares of the exchange traded fund’s stock after acquiring an additional 7,546 shares during the period. US Bancorp DE’s holdings in SPDR Bloomberg Convertible Securities ETF were worth $1,640,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently modified their holdings of the company. MAI Capital Management raised its stake in SPDR Bloomberg Convertible Securities ETF by 5.0% during the third quarter. MAI Capital Management now owns 20,585 shares of the exchange traded fund’s stock worth $1,863,000 after purchasing an additional 984 shares during the period. RWA Wealth Partners LLC raised its position in shares of SPDR Bloomberg Convertible Securities ETF by 8.2% during the 3rd quarter. RWA Wealth Partners LLC now owns 81,856 shares of the exchange traded fund’s stock valued at $7,408,000 after buying an additional 6,228 shares during the period. Cary Street Partners Financial LLC lifted its holdings in SPDR Bloomberg Convertible Securities ETF by 8.1% in the third quarter. Cary Street Partners Financial LLC now owns 4,966 shares of the exchange traded fund’s stock valued at $449,000 after acquiring an additional 370 shares during the last quarter. M3 Advisory Group LLC grew its position in SPDR Bloomberg Convertible Securities ETF by 5.9% in the third quarter. M3 Advisory Group LLC now owns 10,869 shares of the exchange traded fund’s stock worth $984,000 after acquiring an additional 602 shares during the period. Finally, Private Advisory Group LLC increased its stake in SPDR Bloomberg Convertible Securities ETF by 28.5% during the third quarter. Private Advisory Group LLC now owns 22,489 shares of the exchange traded fund’s stock worth $2,035,000 after acquiring an additional 4,992 shares during the last quarter.

SPDR Bloomberg Convertible Securities ETF Stock Down 1.0%

Shares of SPDR Bloomberg Convertible Securities ETF stock opened at $93.04 on Friday. SPDR Bloomberg Convertible Securities ETF has a 52 week low of $70.56 and a 52 week high of $96.17. The business’s fifty day simple moving average is $93.39 and its 200-day simple moving average is $91.07.

SPDR Bloomberg Convertible Securities ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were paid a dividend of $0.1465 per share. This represents a c) annualized dividend and a yield of 1.9%. This is a boost from SPDR Bloomberg Convertible Securities ETF’s previous monthly dividend of $0.09. The ex-dividend date of this dividend was Monday, March 2nd.

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. Convertible Bond >$500MM Index (the Index), the Fund employs a sampling strategy, which means that the Fund is not required to purchase all of the securities represented in the Index.