World Investment Advisors Decreases Stock Holdings in SPDR Bloomberg Convertible Securities ETF $CWB

World Investment Advisors decreased its holdings in shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 74.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 15,978 shares of the exchange traded fund’s stock after selling 45,407 shares during the quarter. World Investment Advisors’ holdings in SPDR Bloomberg Convertible Securities ETF were worth $1,462,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Stablepoint Partners LLC boosted its holdings in SPDR Bloomberg Convertible Securities ETF by 1.2% in the 4th quarter. Stablepoint Partners LLC now owns 9,164 shares of the exchange traded fund’s stock valued at $817,000 after purchasing an additional 111 shares in the last quarter. Money Concepts Capital Corp grew its stake in shares of SPDR Bloomberg Convertible Securities ETF by 3.5% during the 4th quarter. Money Concepts Capital Corp now owns 3,343 shares of the exchange traded fund’s stock valued at $298,000 after buying an additional 112 shares during the period. Chicago Partners Investment Group LLC grew its holdings in shares of SPDR Bloomberg Convertible Securities ETF by 0.3% during the 4th quarter. Chicago Partners Investment Group LLC now owns 45,855 shares of the exchange traded fund’s stock worth $4,305,000 after purchasing an additional 125 shares during the period. Powell Investment Advisors LLC boosted its position in SPDR Bloomberg Convertible Securities ETF by 0.4% during the 4th quarter. Powell Investment Advisors LLC now owns 30,662 shares of the exchange traded fund’s stock worth $2,735,000 after purchasing an additional 133 shares during the period. Finally, Mercer Global Advisors Inc. ADV lifted its position in SPDR Bloomberg Convertible Securities ETF by 0.8% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 18,237 shares of the exchange traded fund’s stock worth $1,650,000 after acquiring an additional 146 shares in the last quarter.

SPDR Bloomberg Convertible Securities ETF Trading Down 1.4%

Shares of CWB stock opened at $103.85 on Wednesday. SPDR Bloomberg Convertible Securities ETF has a 12 month low of $82.78 and a 12 month high of $112.02. The company’s fifty day moving average price is $106.00 and its two-hundred day moving average price is $98.09.

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.