Liberty Atlantic Advisors LLC Makes New Investment in SPDR Bloomberg Convertible Securities ETF $CWB

Liberty Atlantic Advisors LLC acquired a new position in shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 5,125 shares of the exchange traded fund’s stock, valued at approximately $457,000.

Several other hedge funds also recently added to or reduced their stakes in the stock. Bank of America Corp DE grew its holdings in SPDR Bloomberg Convertible Securities ETF by 0.5% during the 3rd quarter. Bank of America Corp DE now owns 2,634,532 shares of the exchange traded fund’s stock worth $238,425,000 after acquiring an additional 13,467 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in SPDR Bloomberg Convertible Securities ETF by 37.4% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 899,734 shares of the exchange traded fund’s stock worth $81,426,000 after acquiring an additional 244,707 shares in the last quarter. Ameriprise Financial Inc. grew its holdings in SPDR Bloomberg Convertible Securities ETF by 76.1% during the 3rd quarter. Ameriprise Financial Inc. now owns 802,532 shares of the exchange traded fund’s stock worth $72,599,000 after acquiring an additional 346,925 shares in the last quarter. Goodman Advisory Group LLC grew its holdings in SPDR Bloomberg Convertible Securities ETF by 9.1% during the 3rd quarter. Goodman Advisory Group LLC now owns 543,340 shares of the exchange traded fund’s stock worth $49,172,000 after acquiring an additional 45,353 shares in the last quarter. Finally, UBS Group AG grew its holdings in SPDR Bloomberg Convertible Securities ETF by 1.4% during the 4th quarter. UBS Group AG now owns 481,658 shares of the exchange traded fund’s stock worth $42,964,000 after acquiring an additional 6,570 shares in the last quarter.

SPDR Bloomberg Convertible Securities ETF Stock Up 1.4%

NYSEARCA CWB opened at $103.90 on Wednesday. SPDR Bloomberg Convertible Securities ETF has a one year low of $77.89 and a one year high of $103.98. The company has a 50-day simple moving average of $95.43 and a 200-day simple moving average of $93.07.

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.