Wells Financial Advisors INC Trims Stock Holdings in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB)

Wells Financial Advisors INC lowered its holdings in shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 9.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,570 shares of the exchange traded fund’s stock after selling 275 shares during the quarter. Wells Financial Advisors INC’s holdings in SPDR Bloomberg Convertible Securities ETF were worth $200,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of CWB. Private Trust Co. NA lifted its holdings in SPDR Bloomberg Convertible Securities ETF by 37.8% during the third quarter. Private Trust Co. NA now owns 5,677 shares of the exchange traded fund’s stock worth $435,000 after buying an additional 1,558 shares during the period. Dorsey Wright & Associates acquired a new stake in shares of SPDR Bloomberg Convertible Securities ETF in the 3rd quarter worth $571,000. JPMorgan Chase & Co. grew its stake in SPDR Bloomberg Convertible Securities ETF by 20.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 120,893 shares of the exchange traded fund’s stock worth $9,259,000 after buying an additional 20,878 shares during the last quarter. Worth Asset Management LLC acquired a new position in SPDR Bloomberg Convertible Securities ETF during the 4th quarter valued at about $365,000. Finally, Thurston Springer Miller Herd & Titak Inc. raised its position in shares of SPDR Bloomberg Convertible Securities ETF by 117.1% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 471 shares of the exchange traded fund’s stock valued at $37,000 after purchasing an additional 254 shares during the last quarter.

SPDR Bloomberg Convertible Securities ETF Price Performance

NYSEARCA:CWB opened at $78.85 on Wednesday. The company’s 50 day moving average is $79.29 and its two-hundred day moving average is $78.57. SPDR Bloomberg Convertible Securities ETF has a twelve month low of $69.45 and a twelve month high of $82.24.

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.