Talon Private Wealth LLC Takes $2.19 Million Position in SPDR Bloomberg Convertible Securities ETF $CWB

Talon Private Wealth LLC purchased a new stake in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 23,912 shares of the exchange traded fund’s stock, valued at approximately $2,188,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. High Point Wealth Management LLC purchased a new position in SPDR Bloomberg Convertible Securities ETF in the fourth quarter worth $26,000. Arax Advisory Partners acquired a new stake in SPDR Bloomberg Convertible Securities ETF in the fourth quarter valued at $30,000. Annis Gardner Whiting Capital Advisors LLC purchased a new stake in shares of SPDR Bloomberg Convertible Securities ETF during the 4th quarter worth $36,000. Highline Wealth Partners LLC purchased a new stake in shares of SPDR Bloomberg Convertible Securities ETF during the 4th quarter worth $39,000. Finally, Copia Wealth Management acquired a new position in shares of SPDR Bloomberg Convertible Securities ETF during the 4th quarter worth $43,000.

SPDR Bloomberg Convertible Securities ETF Stock Down 1.0%

NYSEARCA:CWB opened at $100.31 on Wednesday. The firm’s fifty day simple moving average is $105.87 and its 200-day simple moving average is $99.42. SPDR Bloomberg Convertible Securities ETF has a fifty-two week low of $83.18 and a fifty-two week high of $112.02.

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. 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.