Waldron Private Wealth LLC Acquires 155,485 Shares of SPDR Bloomberg Convertible Securities ETF $CWB

Waldron Private Wealth LLC acquired a new stake in shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) during the third quarter, HoldingsChannel reports. The institutional investor acquired 155,485 shares of the exchange traded fund’s stock, valued at approximately $15,732,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Western Wealth Management LLC acquired a new position in SPDR Bloomberg Convertible Securities ETF in the 1st quarter valued at about $38,000. Mather Group LLC. purchased a new position in SPDR Bloomberg Convertible Securities ETF in the 3rd quarter valued at about $39,000. Financial Management Professionals Inc. acquired a new stake in shares of SPDR Bloomberg Convertible Securities ETF during the 2nd quarter worth about $46,000. Root Financial Partners LLC acquired a new stake in shares of SPDR Bloomberg Convertible Securities ETF during the 3rd quarter worth about $63,000. Finally, American National Bank & Trust acquired a new stake in shares of SPDR Bloomberg Convertible Securities ETF during the 3rd quarter worth about $65,000.

SPDR Bloomberg Convertible Securities ETF Stock Performance

Shares of NYSEARCA CWB traded up $0.62 during midday trading on Friday, reaching $91.35. 778,123 shares of the stock were exchanged, compared to its average volume of 907,784. SPDR Bloomberg Convertible Securities ETF has a 52-week low of $85.37 and a 52-week high of $112.02. The stock has a 50 day moving average price of $99.28 and a 200-day moving average price of $100.09.

SPDR Bloomberg Convertible Securities ETF 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.