Sigma Planning Corp bought a new stake in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB – Free Report) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 10,362 shares of the exchange traded fund’s stock, valued at approximately $1,048,000.
Several other institutional investors and hedge funds have also modified their holdings of the business. Renaissance Technologies LLC acquired a new stake in SPDR Bloomberg Convertible Securities ETF during the 1st quarter valued at $1,117,000. Talon Private Wealth LLC boosted its stake in SPDR Bloomberg Convertible Securities ETF by 25.4% in the second quarter. Talon Private Wealth LLC now owns 29,986 shares of the exchange traded fund’s stock worth $3,233,000 after purchasing an additional 6,074 shares in the last quarter. Brindle & Bay Financial Advisors LLC boosted its stake in SPDR Bloomberg Convertible Securities ETF by 12.5% in the first quarter. Brindle & Bay Financial Advisors LLC now owns 56,593 shares of the exchange traded fund’s stock worth $5,179,000 after purchasing an additional 6,300 shares in the last quarter. Dorsey Wright & Associates boosted its stake in SPDR Bloomberg Convertible Securities ETF by 603.9% in the first quarter. Dorsey Wright & Associates now owns 29,291 shares of the exchange traded fund’s stock worth $2,681,000 after purchasing an additional 25,130 shares in the last quarter. Finally, Midwest Professional Planners LTD. bought a new stake in shares of SPDR Bloomberg Convertible Securities ETF during the first quarter worth $3,564,000.
SPDR Bloomberg Convertible Securities ETF Stock Performance
Shares of CWB stock opened at $96.58 on Friday. SPDR Bloomberg Convertible Securities ETF has a 52 week low of $85.37 and a 52 week high of $112.02. The stock’s fifty day moving average is $100.57 and its 200-day moving average is $100.11.
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. 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.
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