Fifth Third Bancorp Takes Position in SPDR Bloomberg Convertible Securities ETF $CWB

Fifth Third Bancorp purchased a new stake in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 8,840 shares of the exchange traded fund’s stock, valued at approximately $809,000.

A number of other institutional investors have also recently bought and sold shares of CWB. Graetz Wealth LLC lifted its stake in SPDR Bloomberg Convertible Securities ETF by 19.1% during the first quarter. Graetz Wealth LLC now owns 34,399 shares of the exchange traded fund’s stock valued at $3,148,000 after buying an additional 5,522 shares in the last quarter. Kestra Advisory Services LLC increased its position in shares of SPDR Bloomberg Convertible Securities ETF by 2.3% in the first quarter. Kestra Advisory Services LLC now owns 29,151 shares of the exchange traded fund’s stock worth $2,668,000 after acquiring an additional 656 shares in the last quarter. Sage Rhino Capital LLC raised its holdings in shares of SPDR Bloomberg Convertible Securities ETF by 2.8% during the first quarter. Sage Rhino Capital LLC now owns 11,561 shares of the exchange traded fund’s stock valued at $1,058,000 after acquiring an additional 310 shares during the period. PFG Investments LLC acquired a new stake in shares of SPDR Bloomberg Convertible Securities ETF during the first quarter valued at approximately $487,000. Finally, Impact Partnership Wealth LLC acquired a new stake in shares of SPDR Bloomberg Convertible Securities ETF during the first quarter valued at approximately $385,000.

SPDR Bloomberg Convertible Securities ETF Stock Performance

Shares of NYSEARCA:CWB opened at $101.34 on Tuesday. The firm has a 50 day simple moving average of $105.91 and a 200 day simple moving average of $99.36. SPDR Bloomberg Convertible Securities ETF has a 52 week low of $83.18 and a 52 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.