First Trust Advisors LP Takes $1.82 Million Position in SPDR Bloomberg Convertible Securities ETF $CWB

First Trust Advisors LP bought a new position in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 19,867 shares of the exchange traded fund’s stock, valued at approximately $1,818,000.

A number of other large investors have also bought and sold shares of CWB. Balefire LLC increased its holdings in SPDR Bloomberg Convertible Securities ETF by 8.0% during the 1st quarter. Balefire LLC now owns 3,598 shares of the exchange traded fund’s stock valued at $329,000 after purchasing an additional 266 shares in the last quarter. AlphaCentric Advisors LLC boosted its stake in SPDR Bloomberg Convertible Securities ETF by 8.9% in the first quarter. AlphaCentric Advisors LLC now owns 5,093 shares of the exchange traded fund’s stock worth $466,000 after purchasing an additional 415 shares in the last quarter. Spartan Wealth Advisory Services LLC acquired a new position in SPDR Bloomberg Convertible Securities ETF in the first quarter worth $757,000. Hershey Financial Advisers LLC grew its holdings in shares of SPDR Bloomberg Convertible Securities ETF by 25.5% during the first quarter. Hershey Financial Advisers LLC now owns 50,884 shares of the exchange traded fund’s stock worth $4,657,000 after purchasing an additional 10,330 shares during the last quarter. Finally, Dorsey Wright & Associates grew its holdings in shares of SPDR Bloomberg Convertible Securities ETF by 603.9% during the first quarter. Dorsey Wright & Associates now owns 29,291 shares of the exchange traded fund’s stock worth $2,681,000 after purchasing an additional 25,130 shares during the last quarter.

SPDR Bloomberg Convertible Securities ETF Stock Performance

Shares of NYSEARCA:CWB opened at $103.86 on Friday. SPDR Bloomberg Convertible Securities ETF has a twelve month low of $84.02 and a twelve month high of $112.02. The business has a fifty day moving average of $105.31 and a 200-day moving average of $99.91.

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.