SPDR Bloomberg Convertible Securities ETF $CWB Shares Newly Purchased by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund bought 49,661 shares of the exchange traded fund’s stock, valued at approximately $5,025,000. Mirae Asset Global Investments Co. Ltd. owned 0.09% of SPDR Bloomberg Convertible Securities ETF as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Modera Wealth Management LLC purchased a new stake in shares of SPDR Bloomberg Convertible Securities ETF in the third quarter worth approximately $13,040,000. International Assets Investment Management LLC grew its stake in SPDR Bloomberg Convertible Securities ETF by 2,013.3% in the 3rd quarter. International Assets Investment Management LLC now owns 100,000 shares of the exchange traded fund’s stock valued at $10,118,000 after buying an additional 95,268 shares in the last quarter. D.A. Davidson & CO. purchased a new stake in shares of SPDR Bloomberg Convertible Securities ETF during the third quarter worth $525,000. Oppenheimer & Co. Inc. bought a new position in shares of SPDR Bloomberg Convertible Securities ETF in the third quarter worth $13,062,000. Finally, Aegis Wealth Management Inc. boosted its holdings in shares of SPDR Bloomberg Convertible Securities ETF by 8.3% in the third quarter. Aegis Wealth Management Inc. now owns 131,985 shares of the exchange traded fund’s stock worth $13,354,000 after acquiring an additional 10,102 shares during the period.

SPDR Bloomberg Convertible Securities ETF Trading Down 3.1%

NYSEARCA:CWB opened at $90.73 on Friday. SPDR Bloomberg Convertible Securities ETF has a 52-week low of $85.37 and a 52-week high of $112.02. The business’s fifty day moving average is $99.54 and its 200 day moving average is $100.10.

About SPDR Bloomberg Convertible Securities ETF

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.