Advisors Preferred LLC Has $11.46 Million Position in SPDR Bloomberg Convertible Securities ETF $CWB

Advisors Preferred LLC boosted its holdings in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 71.2% in the first quarter, Holdings Channel reports. The institutional investor owned 125,232 shares of the exchange traded fund’s stock after buying an additional 52,101 shares during the period. SPDR Bloomberg Convertible Securities ETF accounts for approximately 1.7% of Advisors Preferred LLC’s holdings, making the stock its 12th largest position. Advisors Preferred LLC’s holdings in SPDR Bloomberg Convertible Securities ETF were worth $11,461,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Sanctuary Advisors LLC grew its holdings in SPDR Bloomberg Convertible Securities ETF by 1.5% during the 1st quarter. Sanctuary Advisors LLC now owns 30,821 shares of the exchange traded fund’s stock worth $2,821,000 after acquiring an additional 457 shares during the last quarter. AMG National Trust Bank raised its stake in shares of SPDR Bloomberg Convertible Securities ETF by 5.8% during the first quarter. AMG National Trust Bank now owns 133,926 shares of the exchange traded fund’s stock valued at $12,257,000 after acquiring an additional 7,359 shares during the last quarter. Brindle & Bay Financial Advisors LLC lifted its holdings in shares of SPDR Bloomberg Convertible Securities ETF by 12.5% during the first quarter. Brindle & Bay Financial Advisors LLC now owns 56,593 shares of the exchange traded fund’s stock worth $5,179,000 after purchasing an additional 6,300 shares during the period. Diversify Wealth Management LLC lifted its holdings in shares of SPDR Bloomberg Convertible Securities ETF by 37.6% during the first quarter. Diversify Wealth Management LLC now owns 5,080 shares of the exchange traded fund’s stock worth $507,000 after purchasing an additional 1,388 shares during the period. Finally, Midwest Trust Co grew its stake in shares of SPDR Bloomberg Convertible Securities ETF by 78.6% in the first quarter. Midwest Trust Co now owns 6,815 shares of the exchange traded fund’s stock worth $624,000 after purchasing an additional 3,000 shares during the last quarter.

SPDR Bloomberg Convertible Securities ETF Price Performance

Shares of SPDR Bloomberg Convertible Securities ETF stock opened at $104.14 on Wednesday. SPDR Bloomberg Convertible Securities ETF has a twelve month low of $83.18 and a twelve month high of $112.02. The company’s fifty day moving average is $106.37 and its 200 day moving average is $98.60.

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.