Financial & Tax Architects LLC Acquires 10,144 Shares of SPDR Bloomberg Convertible Securities ETF $CWB

Financial & Tax Architects LLC raised its holdings in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 9.5% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 117,407 shares of the exchange traded fund’s stock after acquiring an additional 10,144 shares during the period. SPDR Bloomberg Convertible Securities ETF makes up 2.5% of Financial & Tax Architects LLC’s investment portfolio, making the stock its 9th largest position. Financial & Tax Architects LLC’s holdings in SPDR Bloomberg Convertible Securities ETF were worth $11,879,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Bank of America Corp DE boosted its position in shares of SPDR Bloomberg Convertible Securities ETF by 1.0% during the 1st quarter. Bank of America Corp DE now owns 2,654,014 shares of the exchange traded fund’s stock valued at $242,895,000 after acquiring an additional 26,717 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of SPDR Bloomberg Convertible Securities ETF by 346.2% during the second quarter. Envestnet Asset Management Inc. now owns 2,004,950 shares of the exchange traded fund’s stock worth $216,174,000 after purchasing an additional 1,555,591 shares in the last quarter. Bessemer Group Inc. grew its holdings in shares of SPDR Bloomberg Convertible Securities ETF by 7.4% during the first quarter. Bessemer Group Inc. now owns 1,215,879 shares of the exchange traded fund’s stock worth $111,278,000 after purchasing an additional 83,758 shares in the last quarter. Estate Counselors LLC increased its position in shares of SPDR Bloomberg Convertible Securities ETF by 72.7% in the first quarter. Estate Counselors LLC now owns 230,144 shares of the exchange traded fund’s stock worth $21,063,000 after purchasing an additional 96,844 shares during the last quarter. Finally, Allianz Asset Management GmbH increased its position in shares of SPDR Bloomberg Convertible Securities ETF by 2,424.5% in the second quarter. Allianz Asset Management GmbH now owns 123,700 shares of the exchange traded fund’s stock worth $13,337,000 after purchasing an additional 118,800 shares during the last quarter.

SPDR Bloomberg Convertible Securities ETF Stock Performance

CWB stock opened at $97.09 on Friday. The company’s 50 day moving average is $102.35 and its 200 day moving average is $102.94. SPDR Bloomberg Convertible Securities ETF has a 1-year low of $85.37 and a 1-year 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.