SPDR Bloomberg Convertible Securities ETF $CWB Shares Purchased by IFP Advisors Inc

IFP Advisors Inc increased its position in shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 15.3% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 34,320 shares of the exchange traded fund’s stock after purchasing an additional 4,561 shares during the quarter. IFP Advisors Inc owned 0.07% of SPDR Bloomberg Convertible Securities ETF worth $2,837,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of CWB. Ameriprise Financial Inc. raised its holdings in SPDR Bloomberg Convertible Securities ETF by 34.1% during the first quarter. Ameriprise Financial Inc. now owns 1,345,622 shares of the exchange traded fund’s stock worth $103,121,000 after purchasing an additional 341,981 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in SPDR Bloomberg Convertible Securities ETF by 43.1% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 205,107 shares of the exchange traded fund’s stock worth $17,044,000 after purchasing an additional 61,779 shares during the last quarter. Simplicity Wealth LLC increased its position in SPDR Bloomberg Convertible Securities ETF by 118.0% during the second quarter. Simplicity Wealth LLC now owns 72,844 shares of the exchange traded fund’s stock worth $6,021,000 after buying an additional 39,424 shares in the last quarter. H&H Retirement Design & Management INC increased its position in SPDR Bloomberg Convertible Securities ETF by 7.3% during the second quarter. H&H Retirement Design & Management INC now owns 410,452 shares of the exchange traded fund’s stock worth $34,872,000 after buying an additional 27,962 shares in the last quarter. Finally, Exchange Traded Concepts LLC purchased a new position in SPDR Bloomberg Convertible Securities ETF during the second quarter worth $1,924,000.

SPDR Bloomberg Convertible Securities ETF Price Performance

SPDR Bloomberg Convertible Securities ETF stock opened at $90.90 on Friday. The stock has a fifty day moving average of $87.80 and a two-hundred day moving average of $82.55. SPDR Bloomberg Convertible Securities ETF has a fifty-two week low of $70.56 and a fifty-two week high of $93.15.

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.