Sentinel Advisory Group LLC Purchases New Position in SPDR Bloomberg Convertible Securities ETF $CWB

Sentinel Advisory Group LLC purchased a new stake in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 37,719 shares of the exchange traded fund’s stock, valued at approximately $3,452,000. SPDR Bloomberg Convertible Securities ETF makes up 1.7% of Sentinel Advisory Group LLC’s holdings, making the stock its 17th largest holding. Sentinel Advisory Group LLC owned 0.07% of SPDR Bloomberg Convertible Securities ETF as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in CWB. Stablepoint Partners LLC increased its holdings in shares of SPDR Bloomberg Convertible Securities ETF by 1.2% during the fourth quarter. Stablepoint Partners LLC now owns 9,164 shares of the exchange traded fund’s stock worth $817,000 after buying an additional 111 shares in the last quarter. Money Concepts Capital Corp boosted its holdings in shares of SPDR Bloomberg Convertible Securities ETF by 3.5% in the 4th quarter. Money Concepts Capital Corp now owns 3,343 shares of the exchange traded fund’s stock worth $298,000 after acquiring an additional 112 shares in the last quarter. Chicago Partners Investment Group LLC grew its position in SPDR Bloomberg Convertible Securities ETF by 0.3% during the 4th quarter. Chicago Partners Investment Group LLC now owns 45,855 shares of the exchange traded fund’s stock worth $4,305,000 after acquiring an additional 125 shares during the last quarter. Powell Investment Advisors LLC grew its position in SPDR Bloomberg Convertible Securities ETF by 0.4% during the 4th quarter. Powell Investment Advisors LLC now owns 30,662 shares of the exchange traded fund’s stock worth $2,735,000 after acquiring an additional 133 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV increased its holdings in SPDR Bloomberg Convertible Securities ETF by 0.8% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 18,237 shares of the exchange traded fund’s stock valued at $1,650,000 after purchasing an additional 146 shares in the last quarter.

SPDR Bloomberg Convertible Securities ETF Stock Down 1.6%

CWB stock opened at $101.48 on Friday. The business has a fifty day moving average price of $105.94 and a 200 day moving average price of $99.25. SPDR Bloomberg Convertible Securities ETF has a fifty-two week low of $83.18 and a fifty-two week high of $112.02.

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.