HF Advisory Group LLC Grows Stock Holdings in SPDR Bloomberg Convertible Securities ETF $CWB

HF Advisory Group LLC boosted its holdings in shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 12.2% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 30,412 shares of the exchange traded fund’s stock after purchasing an additional 3,308 shares during the quarter. HF Advisory Group LLC owned about 0.06% of SPDR Bloomberg Convertible Securities ETF worth $2,514,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Farmers & Merchants Trust Co of Chambersburg PA purchased a new stake in SPDR Bloomberg Convertible Securities ETF during the second quarter valued at $50,000. SVB Wealth LLC bought a new position in SPDR Bloomberg Convertible Securities ETF during the first quarter valued at $53,000. Wayfinding Financial LLC bought a new position in SPDR Bloomberg Convertible Securities ETF during the first quarter valued at $59,000. Wealth Preservation Advisors LLC bought a new position in SPDR Bloomberg Convertible Securities ETF during the first quarter valued at $61,000. Finally, Arlington Trust Co LLC bought a new position in SPDR Bloomberg Convertible Securities ETF during the first quarter valued at $77,000.

SPDR Bloomberg Convertible Securities ETF Trading Up 1.0%

CWB stock opened at $90.10 on Friday. SPDR Bloomberg Convertible Securities ETF has a twelve month low of $70.56 and a twelve month high of $90.26. The firm’s fifty day simple moving average is $85.76 and its two-hundred day simple moving average is $81.05.

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.