Sykon Capital LLC Purchases New Shares in SPDR Bloomberg Convertible Securities ETF $CWB

Sykon Capital LLC purchased a new position in shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 45,537 shares of the exchange traded fund’s stock, valued at approximately $3,764,000. SPDR Bloomberg Convertible Securities ETF accounts for about 1.4% of Sykon Capital LLC’s portfolio, making the stock its 24th biggest holding. Sykon Capital LLC owned about 0.10% of SPDR Bloomberg Convertible Securities ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently bought and sold shares of the company. Ameriprise Financial Inc. raised its position in shares of SPDR Bloomberg Convertible Securities ETF by 34.1% in the first quarter. Ameriprise Financial Inc. now owns 1,345,622 shares of the exchange traded fund’s stock valued at $103,121,000 after buying an additional 341,981 shares in the last quarter. H&H Retirement Design & Management INC raised its holdings in SPDR Bloomberg Convertible Securities ETF by 7.3% in the 2nd quarter. H&H Retirement Design & Management INC now owns 410,452 shares of the exchange traded fund’s stock valued at $34,872,000 after acquiring an additional 27,962 shares in the last quarter. Truist Financial Corp raised its holdings in SPDR Bloomberg Convertible Securities ETF by 3.6% in the 2nd quarter. Truist Financial Corp now owns 239,479 shares of the exchange traded fund’s stock valued at $19,795,000 after acquiring an additional 8,219 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in shares of SPDR Bloomberg Convertible Securities ETF by 43.1% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 205,107 shares of the exchange traded fund’s stock valued at $17,044,000 after acquiring an additional 61,779 shares during the period. Finally, Florin Court Capital LLP grew its holdings in shares of SPDR Bloomberg Convertible Securities ETF by 5.4% during the 2nd quarter. Florin Court Capital LLP now owns 169,695 shares of the exchange traded fund’s stock worth $14,027,000 after purchasing an additional 8,718 shares in the last quarter.

SPDR Bloomberg Convertible Securities ETF Stock Performance

Shares of NYSEARCA CWB opened at $88.49 on Monday. The stock’s fifty day moving average is $91.17 and its 200 day moving average is $85.68. SPDR Bloomberg Convertible Securities ETF has a 52 week low of $70.56 and a 52 week high of $94.94.

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.