Worth Asset Management LLC increased its stake in shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB – Free Report) by 450.5% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 17,086 shares of the exchange traded fund’s stock after buying an additional 13,982 shares during the quarter. Worth Asset Management LLC’s holdings in SPDR Bloomberg Convertible Securities ETF were worth $1,842,000 as of its most recent SEC filing.
Other hedge funds have also recently made changes to their positions in the company. High Point Wealth Management LLC purchased a new position in SPDR Bloomberg Convertible Securities ETF in the 4th quarter worth $26,000. Arax Advisory Partners purchased a new stake in SPDR Bloomberg Convertible Securities ETF during the 4th quarter valued at about $30,000. Annis Gardner Whiting Capital Advisors LLC purchased a new stake in SPDR Bloomberg Convertible Securities ETF during the 4th quarter valued at about $36,000. Western Wealth Management LLC acquired a new position in shares of SPDR Bloomberg Convertible Securities ETF in the first quarter valued at about $38,000. Finally, Copia Wealth Management acquired a new position in shares of SPDR Bloomberg Convertible Securities ETF in the fourth quarter valued at about $43,000.
SPDR Bloomberg Convertible Securities ETF Stock Performance
Shares of NYSEARCA:CWB opened at $103.86 on Friday. SPDR Bloomberg Convertible Securities ETF has a 52-week low of $84.02 and a 52-week high of $112.02. The business has a 50-day moving average price of $105.31 and a 200-day moving average price of $99.91.
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.
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