William Mack & Associates Inc. Acquires 32,553 Shares of SPDR Bloomberg Convertible Securities ETF $CWB

William Mack & Associates Inc. boosted its holdings in shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 21.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 181,336 shares of the exchange traded fund’s stock after buying an additional 32,553 shares during the period. SPDR Bloomberg Convertible Securities ETF makes up about 7.6% of William Mack & Associates Inc.’s portfolio, making the stock its 4th largest position. William Mack & Associates Inc. owned approximately 0.34% of SPDR Bloomberg Convertible Securities ETF worth $16,175,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of CWB. High Point Wealth Management LLC acquired a new position in SPDR Bloomberg Convertible Securities ETF during the fourth quarter worth $26,000. Highline Wealth Partners LLC acquired a new position in SPDR Bloomberg Convertible Securities ETF during the fourth quarter worth $39,000. Copia Wealth Management acquired a new position in SPDR Bloomberg Convertible Securities ETF during the fourth quarter worth $43,000. Glassy Mountain Advisors Inc. acquired a new position in SPDR Bloomberg Convertible Securities ETF during the third quarter worth $52,000. Finally, Creative Financial Designs Inc. ADV raised its holdings in SPDR Bloomberg Convertible Securities ETF by 264.0% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 586 shares of the exchange traded fund’s stock worth $52,000 after buying an additional 425 shares during the last quarter.

SPDR Bloomberg Convertible Securities ETF Stock Performance

CWB opened at $105.65 on Friday. The company’s fifty day moving average price is $98.28 and its two-hundred day moving average price is $94.18. SPDR Bloomberg Convertible Securities ETF has a 1-year low of $79.13 and a 1-year high of $107.04.

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.