ST Germain D J Co. Inc. Sells 938 Shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB)

ST Germain D J Co. Inc. trimmed its stake in shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 1.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 91,192 shares of the exchange traded fund’s stock after selling 938 shares during the quarter. ST Germain D J Co. Inc. owned about 0.19% of SPDR Bloomberg Convertible Securities ETF worth $7,103,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of CWB. Future Financial Wealth Managment LLC acquired a new stake in SPDR Bloomberg Convertible Securities ETF in the 3rd quarter worth about $77,000. Oakworth Capital Inc. bought a new position in shares of SPDR Bloomberg Convertible Securities ETF during the third quarter worth approximately $92,000. Trust Co. of Vermont acquired a new stake in shares of SPDR Bloomberg Convertible Securities ETF in the third quarter valued at approximately $119,000. Eastern Bank bought a new stake in shares of SPDR Bloomberg Convertible Securities ETF in the third quarter valued at approximately $123,000. Finally, Concourse Financial Group Securities Inc. grew its position in SPDR Bloomberg Convertible Securities ETF by 106.6% during the third quarter. Concourse Financial Group Securities Inc. now owns 1,907 shares of the exchange traded fund’s stock worth $146,000 after buying an additional 984 shares in the last quarter.

SPDR Bloomberg Convertible Securities ETF Price Performance

SPDR Bloomberg Convertible Securities ETF stock traded down $0.76 during mid-day trading on Friday, reaching $77.72. 257,806 shares of the company were exchanged, compared to its average volume of 661,935. The company has a fifty day simple moving average of $79.72 and a 200-day simple moving average of $76.15. SPDR Bloomberg Convertible Securities ETF has a 12 month low of $69.45 and a 12 month high of $82.24.

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.