XML Financial LLC Trims Stock Position in SPDR Bloomberg Convertible Securities ETF $CWB

XML Financial LLC trimmed its position in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 2.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 181,451 shares of the exchange traded fund’s stock after selling 5,072 shares during the quarter. SPDR Bloomberg Convertible Securities ETF comprises 1.4% of XML Financial LLC’s investment portfolio, making the stock its 14th biggest position. XML Financial LLC owned 0.33% of SPDR Bloomberg Convertible Securities ETF worth $19,564,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in CWB. Liberty Atlantic Advisors LLC acquired a new position in SPDR Bloomberg Convertible Securities ETF in the fourth quarter valued at approximately $457,000. LPL Financial LLC lifted its stake in shares of SPDR Bloomberg Convertible Securities ETF by 2.3% in the 4th quarter. LPL Financial LLC now owns 1,578,806 shares of the exchange traded fund’s stock valued at $140,830,000 after purchasing an additional 35,217 shares during the last quarter. Brindle & Bay Financial Advisors LLC lifted its stake in shares of SPDR Bloomberg Convertible Securities ETF by 12.5% in the 1st quarter. Brindle & Bay Financial Advisors LLC now owns 56,593 shares of the exchange traded fund’s stock valued at $5,179,000 after purchasing an additional 6,300 shares during the last quarter. Midwest Professional Planners LTD. purchased a new position in shares of SPDR Bloomberg Convertible Securities ETF during the 1st quarter worth $3,564,000. Finally, Dorsey Wright & Associates grew its holdings in shares of SPDR Bloomberg Convertible Securities ETF by 603.9% during the 1st quarter. Dorsey Wright & Associates now owns 29,291 shares of the exchange traded fund’s stock worth $2,681,000 after purchasing an additional 25,130 shares during the period.

SPDR Bloomberg Convertible Securities ETF Price Performance

Shares of NYSEARCA:CWB opened at $100.95 on Wednesday. SPDR Bloomberg Convertible Securities ETF has a 12-month low of $85.37 and a 12-month high of $112.02. The business has a 50-day moving average price of $103.88 and a 200 day moving average price of $101.16.

SPDR Bloomberg Convertible Securities ETF Company 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.