SPDR Barclays Capital Convertible SecETF (CWB) Stake Lessened by Sigma Planning Corp

Sigma Planning Corp trimmed its position in SPDR Barclays Capital Convertible SecETF (NYSEARCA:CWB) by 21.3% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 13,594 shares of the exchange traded fund’s stock after selling 3,684 shares during the period. Sigma Planning Corp’s holdings in SPDR Barclays Capital Convertible SecETF were worth $688,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Parkside Financial Bank & Trust purchased a new stake in shares of SPDR Barclays Capital Convertible SecETF in the third quarter worth about $102,000. UBS Asset Management Americas Inc. lifted its holdings in shares of SPDR Barclays Capital Convertible SecETF by 12.3% in the second quarter. UBS Asset Management Americas Inc. now owns 2,680 shares of the exchange traded fund’s stock worth $133,000 after buying an additional 293 shares in the last quarter. Advisory Services Network LLC lifted its holdings in shares of SPDR Barclays Capital Convertible SecETF by 54.5% in the second quarter. Advisory Services Network LLC now owns 2,907 shares of the exchange traded fund’s stock worth $144,000 after buying an additional 1,025 shares in the last quarter. Cutler Capital Management LLC lifted its holdings in shares of SPDR Barclays Capital Convertible SecETF by 911.5% in the third quarter. Cutler Capital Management LLC now owns 37,225 shares of the exchange traded fund’s stock worth $190,000 after buying an additional 33,545 shares in the last quarter. Finally, Resources Investment Advisors Inc. purchased a new stake in shares of SPDR Barclays Capital Convertible SecETF in the fourth quarter worth about $231,000.

A number of brokerages have recently issued reports on CWB. BMO Capital Markets reissued a “hold” rating and issued a $33.00 price target on shares of SPDR Barclays Capital Convertible SecETF in a report on Wednesday, November 15th. Canaccord Genuity reissued a “hold” rating and issued a $33.00 price target on shares of SPDR Barclays Capital Convertible SecETF in a report on Tuesday, October 31st. Finally, Scotiabank reissued a “buy” rating and issued a $42.00 price target on shares of SPDR Barclays Capital Convertible SecETF in a report on Wednesday, November 22nd.

Shares of SPDR Barclays Capital Convertible SecETF (NYSEARCA:CWB) opened at $51.11 on Thursday. SPDR Barclays Capital Convertible SecETF has a one year low of $47.03 and a one year high of $53.73.

The business also recently announced a monthly dividend, which was paid on Wednesday, February 7th. Investors of record on Friday, February 2nd were paid a $0.0819 dividend. This represents a $0.98 dividend on an annualized basis and a yield of 1.92%. The ex-dividend date was Thursday, February 1st.

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About SPDR Barclays Capital Convertible SecETF

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.

Want to see what other hedge funds are holding CWB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Barclays Capital Convertible SecETF (NYSEARCA:CWB).

Institutional Ownership by Quarter for SPDR Barclays Capital Convertible SecETF (NYSEARCA:CWB)

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