SPDR Bloomberg Convertible Securities ETF $CWB Stock Position Lowered by Bank of Montreal Can

Bank of Montreal Can decreased its position in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 3.1% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 436,381 shares of the exchange traded fund’s stock after selling 13,796 shares during the quarter. Bank of Montreal Can’s holdings in SPDR Bloomberg Convertible Securities ETF were worth $36,071,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of CWB. Boyd Watterson Asset Management LLC OH bought a new stake in SPDR Bloomberg Convertible Securities ETF in the second quarter worth about $26,000. First Command Advisory Services Inc. acquired a new position in shares of SPDR Bloomberg Convertible Securities ETF in the 2nd quarter worth approximately $29,000. Proffitt & Goodson Inc. acquired a new position in shares of SPDR Bloomberg Convertible Securities ETF in the 2nd quarter worth approximately $36,000. Farmers & Merchants Trust Co of Chambersburg PA bought a new stake in shares of SPDR Bloomberg Convertible Securities ETF in the 2nd quarter worth approximately $50,000. Finally, SVB Wealth LLC acquired a new stake in SPDR Bloomberg Convertible Securities ETF during the first quarter valued at approximately $53,000.

SPDR Bloomberg Convertible Securities ETF Stock Performance

Shares of NYSEARCA:CWB opened at $91.52 on Friday. SPDR Bloomberg Convertible Securities ETF has a 1-year low of $70.56 and a 1-year high of $94.94. The company has a 50 day moving average price of $90.61 and a 200 day moving average price of $84.95.

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.