Allworth Financial LP Has $5.10 Million Stock Position in SPDR Bloomberg Convertible Securities ETF $CWB

Allworth Financial LP lowered its stake in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 11.3% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 57,139 shares of the exchange traded fund’s stock after selling 7,284 shares during the quarter. Allworth Financial LP’s holdings in SPDR Bloomberg Convertible Securities ETF were worth $5,097,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in CWB. Ameriprise Financial Inc. lifted its stake in shares of SPDR Bloomberg Convertible Securities ETF by 76.1% in the 3rd quarter. Ameriprise Financial Inc. now owns 802,532 shares of the exchange traded fund’s stock valued at $72,599,000 after purchasing an additional 346,925 shares during the period. Northwestern Mutual Wealth Management Co. lifted its stake in shares of SPDR Bloomberg Convertible Securities ETF by 37.4% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 899,734 shares of the exchange traded fund’s stock valued at $81,426,000 after purchasing an additional 244,707 shares during the period. Horizon Investments LLC lifted its stake in shares of SPDR Bloomberg Convertible Securities ETF by 254.9% in the 3rd quarter. Horizon Investments LLC now owns 301,023 shares of the exchange traded fund’s stock valued at $27,182,000 after purchasing an additional 216,213 shares during the period. Estate Counselors LLC acquired a new stake in SPDR Bloomberg Convertible Securities ETF during the 3rd quarter worth $11,647,000. Finally, PFG Advisors acquired a new stake in SPDR Bloomberg Convertible Securities ETF during the 3rd quarter worth $8,237,000.

SPDR Bloomberg Convertible Securities ETF Stock Down 1.9%

Shares of SPDR Bloomberg Convertible Securities ETF stock opened at $104.50 on Friday. SPDR Bloomberg Convertible Securities ETF has a 12 month low of $79.13 and a 12 month high of $107.04. The stock’s fifty day simple moving average is $97.16 and its 200 day simple moving average is $93.80.

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.