SPDR Bloomberg Convertible Securities ETF $CWB Shares Sold by Wealth Management Resources Inc.

Wealth Management Resources Inc. cut its position in shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 6.9% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 7,235 shares of the exchange traded fund’s stock after selling 534 shares during the quarter. SPDR Bloomberg Convertible Securities ETF comprises 0.2% of Wealth Management Resources Inc.’s portfolio, making the stock its 28th biggest position. Wealth Management Resources Inc.’s holdings in SPDR Bloomberg Convertible Securities ETF were worth $598,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in CWB. Farther Finance Advisors LLC increased its stake in SPDR Bloomberg Convertible Securities ETF by 38,822.7% during the first quarter. Farther Finance Advisors LLC now owns 8,563 shares of the exchange traded fund’s stock worth $657,000 after acquiring an additional 8,541 shares during the last quarter. Delta Capital Management LLC grew its stake in shares of SPDR Bloomberg Convertible Securities ETF by 1.4% in the first quarter. Delta Capital Management LLC now owns 1,086,000 shares of the exchange traded fund’s stock valued at $83,209,000 after buying an additional 15,000 shares in the last quarter. Janney Montgomery Scott LLC grew its stake in shares of SPDR Bloomberg Convertible Securities ETF by 0.5% in the first quarter. Janney Montgomery Scott LLC now owns 155,479 shares of the exchange traded fund’s stock valued at $11,913,000 after buying an additional 732 shares in the last quarter. Kingswood Wealth Advisors LLC grew its stake in shares of SPDR Bloomberg Convertible Securities ETF by 56.9% in the first quarter. Kingswood Wealth Advisors LLC now owns 29,754 shares of the exchange traded fund’s stock valued at $2,283,000 after buying an additional 10,790 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. grew its stake in shares of SPDR Bloomberg Convertible Securities ETF by 3.0% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 265,839 shares of the exchange traded fund’s stock valued at $20,369,000 after buying an additional 7,825 shares in the last quarter.

SPDR Bloomberg Convertible Securities ETF Trading Down 1.8%

CWB stock opened at $90.90 on Friday. SPDR Bloomberg Convertible Securities ETF has a 1 year low of $70.56 and a 1 year high of $93.15. The stock has a 50-day simple moving average of $87.80 and a 200-day simple moving average of $82.55.

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.