Waystone Advisors LLC Purchases New Stake in SPDR Bloomberg Convertible Securities ETF $CWB

Waystone Advisors LLC purchased a new stake in shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) in the 4th quarter, HoldingsChannel.com reports. The firm purchased 7,202 shares of the exchange traded fund’s stock, valued at approximately $642,000.

Several other institutional investors also recently added to or reduced their stakes in the stock. Qube Research & Technologies Ltd lifted its holdings in SPDR Bloomberg Convertible Securities ETF by 66.4% during the second quarter. Qube Research & Technologies Ltd now owns 4,913 shares of the exchange traded fund’s stock valued at $406,000 after purchasing an additional 1,961 shares during the last quarter. NewEdge Advisors LLC lifted its holdings in SPDR Bloomberg Convertible Securities ETF by 374.1% during the second quarter. NewEdge Advisors LLC now owns 50,337 shares of the exchange traded fund’s stock valued at $4,161,000 after purchasing an additional 39,719 shares during the last quarter. Diversify Advisory Services LLC purchased a new stake in SPDR Bloomberg Convertible Securities ETF during the second quarter valued at about $216,000. Diversify Wealth Management LLC purchased a new stake in SPDR Bloomberg Convertible Securities ETF during the second quarter valued at about $344,000. Finally, Raymond James Financial Inc. lifted its holdings in SPDR Bloomberg Convertible Securities ETF by 7.4% during the second quarter. Raymond James Financial Inc. now owns 362,992 shares of the exchange traded fund’s stock valued at $30,005,000 after purchasing an additional 25,039 shares during the last quarter.

SPDR Bloomberg Convertible Securities ETF Stock Up 0.1%

NYSEARCA CWB opened at $106.91 on Thursday. SPDR Bloomberg Convertible Securities ETF has a 52 week low of $79.13 and a 52 week high of $107.22. The firm’s 50-day simple moving average is $99.12 and its two-hundred day simple moving average is $94.49.

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.