SPDR Bloomberg Convertible Securities ETF $CWB Shares Sold by Silver Oak Securities Incorporated

Silver Oak Securities Incorporated decreased its holdings in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 77.9% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 4,658 shares of the exchange traded fund’s stock after selling 16,375 shares during the quarter. Silver Oak Securities Incorporated’s holdings in SPDR Bloomberg Convertible Securities ETF were worth $426,000 as of its most recent filing with the SEC.

Several other institutional investors also recently made changes to their positions in CWB. Stablepoint Partners LLC increased its holdings in shares of SPDR Bloomberg Convertible Securities ETF by 1.2% in the 4th quarter. Stablepoint Partners LLC now owns 9,164 shares of the exchange traded fund’s stock valued at $817,000 after purchasing an additional 111 shares in the last quarter. Money Concepts Capital Corp boosted its holdings in SPDR Bloomberg Convertible Securities ETF by 3.5% during the fourth quarter. Money Concepts Capital Corp now owns 3,343 shares of the exchange traded fund’s stock worth $298,000 after buying an additional 112 shares in the last quarter. Chicago Partners Investment Group LLC grew its position in SPDR Bloomberg Convertible Securities ETF by 0.3% during the fourth quarter. Chicago Partners Investment Group LLC now owns 45,855 shares of the exchange traded fund’s stock worth $4,305,000 after buying an additional 125 shares during the period. Powell Investment Advisors LLC grew its position in SPDR Bloomberg Convertible Securities ETF by 0.4% during the fourth quarter. Powell Investment Advisors LLC now owns 30,662 shares of the exchange traded fund’s stock worth $2,735,000 after buying an additional 133 shares during the period. Finally, Mercer Global Advisors Inc. ADV increased its holdings in SPDR Bloomberg Convertible Securities ETF by 0.8% in the third quarter. Mercer Global Advisors Inc. ADV now owns 18,237 shares of the exchange traded fund’s stock valued at $1,650,000 after buying an additional 146 shares in the last quarter.

SPDR Bloomberg Convertible Securities ETF Trading Down 1.9%

CWB stock opened at $105.50 on Friday. The firm has a 50 day moving average of $105.30 and a 200-day moving average of $97.28. SPDR Bloomberg Convertible Securities ETF has a 12-month low of $81.85 and a 12-month high of $112.02.

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. 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.