Cetera Investment Advisers Decreases Stock Position in SPDR Bloomberg Convertible Securities ETF $CWB

Cetera Investment Advisers decreased its position in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 1.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,557,744 shares of the exchange traded fund’s stock after selling 29,646 shares during the quarter. Cetera Investment Advisers owned 3.29% of SPDR Bloomberg Convertible Securities ETF worth $128,763,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in CWB. Austin Private Wealth LLC grew its holdings in SPDR Bloomberg Convertible Securities ETF by 4.9% during the 2nd quarter. Austin Private Wealth LLC now owns 3,254 shares of the exchange traded fund’s stock valued at $269,000 after purchasing an additional 151 shares in the last quarter. Hazlett Burt & Watson Inc. lifted its holdings in SPDR Bloomberg Convertible Securities ETF by 11.0% in the 2nd quarter. Hazlett Burt & Watson Inc. now owns 1,529 shares of the exchange traded fund’s stock worth $124,000 after buying an additional 152 shares in the last quarter. Avidian Wealth Enterprises LLC boosted its position in SPDR Bloomberg Convertible Securities ETF by 3.3% in the 2nd quarter. Avidian Wealth Enterprises LLC now owns 4,949 shares of the exchange traded fund’s stock valued at $409,000 after buying an additional 157 shares during the last quarter. Farrell Financial LLC boosted its position in SPDR Bloomberg Convertible Securities ETF by 1.2% in the 2nd quarter. Farrell Financial LLC now owns 13,252 shares of the exchange traded fund’s stock valued at $1,095,000 after buying an additional 159 shares during the last quarter. Finally, Key Financial Inc grew its stake in shares of SPDR Bloomberg Convertible Securities ETF by 1.7% during the second quarter. Key Financial Inc now owns 9,378 shares of the exchange traded fund’s stock valued at $775,000 after acquiring an additional 159 shares in the last quarter.

SPDR Bloomberg Convertible Securities ETF Stock Down 0.6%

Shares of NYSEARCA CWB opened at $88.49 on Friday. SPDR Bloomberg Convertible Securities ETF has a 1 year low of $70.56 and a 1 year high of $94.94. The stock’s 50-day simple moving average is $91.17 and its 200-day simple moving average is $85.57.

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.