TRUE Private Wealth Advisors Increases Holdings in SPDR Bloomberg Convertible Securities ETF $CWB

TRUE Private Wealth Advisors raised its holdings in shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 372.7% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 31,630 shares of the exchange traded fund’s stock after acquiring an additional 24,939 shares during the quarter. TRUE Private Wealth Advisors’ holdings in SPDR Bloomberg Convertible Securities ETF were worth $2,615,000 as of its most recent filing with the SEC.

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

SPDR Bloomberg Convertible Securities ETF Trading Up 0.2%

Shares of NYSEARCA:CWB opened at $88.23 on Wednesday. SPDR Bloomberg Convertible Securities ETF has a 12 month low of $70.56 and a 12 month high of $94.94. The company’s fifty day moving average price is $91.21 and its 200 day moving average price is $85.82.

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.