SPDR Bloomberg Convertible Securities ETF $CWB Holdings Cut by Florin Court Capital LLP

Florin Court Capital LLP trimmed its position in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 43.5% during the fourth quarter, Holdings Channel.com reports. The firm owned 43,895 shares of the exchange traded fund’s stock after selling 33,800 shares during the period. SPDR Bloomberg Convertible Securities ETF accounts for about 5.5% of Florin Court Capital LLP’s holdings, making the stock its 7th largest holding. Florin Court Capital LLP’s holdings in SPDR Bloomberg Convertible Securities ETF were worth $3,915,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Stablepoint Partners LLC raised its holdings in SPDR Bloomberg Convertible Securities ETF by 1.2% in the fourth quarter. Stablepoint Partners LLC now owns 9,164 shares of the exchange traded fund’s stock valued at $817,000 after buying an additional 111 shares during the period. Money Concepts Capital Corp raised its holdings in SPDR Bloomberg Convertible Securities ETF by 3.5% in the fourth quarter. Money Concepts Capital Corp now owns 3,343 shares of the exchange traded fund’s stock valued at $298,000 after buying an additional 112 shares during the period. Intrust Bank NA raised its holdings in SPDR Bloomberg Convertible Securities ETF by 1.2% in the third quarter. Intrust Bank NA now owns 10,725 shares of the exchange traded fund’s stock valued at $971,000 after buying an additional 125 shares during the period. Chicago Partners Investment Group LLC raised its holdings in SPDR Bloomberg Convertible Securities ETF by 0.3% in the fourth quarter. Chicago Partners Investment Group LLC now owns 45,855 shares of the exchange traded fund’s stock valued at $4,305,000 after buying an additional 125 shares during the period. Finally, Absolute Capital Management LLC raised its holdings in SPDR Bloomberg Convertible Securities ETF by 4.5% in the third quarter. Absolute Capital Management LLC now owns 3,064 shares of the exchange traded fund’s stock valued at $277,000 after buying an additional 132 shares during the period.

SPDR Bloomberg Convertible Securities ETF Stock Performance

NYSEARCA CWB opened at $104.50 on Friday. SPDR Bloomberg Convertible Securities ETF has a one year low of $79.13 and a one year high of $107.04. The company’s 50 day moving average price is $97.16 and its 200 day moving average price is $93.80.

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.