9,659 Shares of SPDR Bloomberg Convertible Securities ETF $CWB Purchased by First Merchants Corp

First Merchants Corp bought a new position in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 9,659 shares of the exchange traded fund’s stock, valued at approximately $977,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. HB Wealth Management LLC increased its position in shares of SPDR Bloomberg Convertible Securities ETF by 1.1% during the second quarter. HB Wealth Management LLC now owns 10,414 shares of the exchange traded fund’s stock valued at $1,123,000 after acquiring an additional 110 shares in the last quarter. Balefire LLC raised its holdings in SPDR Bloomberg Convertible Securities ETF by 8.0% in the 1st quarter. Balefire LLC now owns 3,598 shares of the exchange traded fund’s stock worth $329,000 after acquiring an additional 266 shares during the last quarter. Nilsine Partners LLC lifted its position in SPDR Bloomberg Convertible Securities ETF by 0.8% in the 2nd quarter. Nilsine Partners LLC now owns 38,128 shares of the exchange traded fund’s stock valued at $4,111,000 after acquiring an additional 306 shares in the last quarter. Sage Rhino Capital LLC lifted its position in SPDR Bloomberg Convertible Securities ETF by 2.8% in the 1st quarter. Sage Rhino Capital LLC now owns 11,561 shares of the exchange traded fund’s stock valued at $1,058,000 after acquiring an additional 310 shares in the last quarter. Finally, Certified Advisory Corp lifted its position in SPDR Bloomberg Convertible Securities ETF by 6.6% in the 1st quarter. Certified Advisory Corp now owns 5,191 shares of the exchange traded fund’s stock valued at $475,000 after acquiring an additional 323 shares in the last quarter.

SPDR Bloomberg Convertible Securities ETF Trading Up 0.9%

Shares of CWB opened at $97.09 on Friday. The business’s fifty day simple moving average is $102.35 and its two-hundred day simple moving average is $102.94. SPDR Bloomberg Convertible Securities ETF has a 12 month low of $85.37 and a 12 month high of $112.02.

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.