SPDR Bloomberg Convertible Securities ETF $CWB Shares Bought by IFP Advisors Inc

IFP Advisors Inc grew its position in shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 29.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 42,043 shares of the exchange traded fund’s stock after purchasing an additional 9,576 shares during the period. IFP Advisors Inc owned 0.08% of SPDR Bloomberg Convertible Securities ETF worth $3,750,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of CWB. Qube Research & Technologies Ltd boosted its stake in shares of SPDR Bloomberg Convertible Securities ETF by 66.4% during the 2nd quarter. Qube Research & Technologies Ltd now owns 4,913 shares of the exchange traded fund’s stock worth $406,000 after purchasing an additional 1,961 shares during the last quarter. NewEdge Advisors LLC lifted its holdings in shares of SPDR Bloomberg Convertible Securities ETF by 374.1% during the 2nd quarter. NewEdge Advisors LLC now owns 50,337 shares of the exchange traded fund’s stock worth $4,161,000 after acquiring an additional 39,719 shares during the period. Diversify Advisory Services LLC purchased a new position in shares of SPDR Bloomberg Convertible Securities ETF during the 2nd quarter worth about $216,000. Diversify Wealth Management LLC purchased a new position in shares of SPDR Bloomberg Convertible Securities ETF during the 2nd quarter worth about $344,000. Finally, Raymond James Financial Inc. lifted its holdings in shares of SPDR Bloomberg Convertible Securities ETF by 7.4% during the 2nd quarter. Raymond James Financial Inc. now owns 362,992 shares of the exchange traded fund’s stock worth $30,005,000 after acquiring an additional 25,039 shares during the period.

SPDR Bloomberg Convertible Securities ETF Trading Up 2.2%

Shares of CWB stock opened at $105.37 on Friday. SPDR Bloomberg Convertible Securities ETF has a 1-year low of $79.13 and a 1-year high of $107.04. The firm’s 50-day simple moving average is $98.03 and its 200-day simple moving average is $94.09.

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.