Farther Finance Advisors LLC Grows Position in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB)

Farther Finance Advisors LLC raised its holdings in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 38,822.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,563 shares of the exchange traded fund’s stock after purchasing an additional 8,541 shares during the period. Farther Finance Advisors LLC’s holdings in SPDR Bloomberg Convertible Securities ETF were worth $657,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Boyd Watterson Asset Management LLC OH bought a new position in SPDR Bloomberg Convertible Securities ETF in the 4th quarter worth approximately $27,000. Roxbury Financial LLC purchased a new position in shares of SPDR Bloomberg Convertible Securities ETF in the fourth quarter valued at $45,000. CIBC Private Wealth Group LLC grew its position in shares of SPDR Bloomberg Convertible Securities ETF by 18.5% in the fourth quarter. CIBC Private Wealth Group LLC now owns 4,616 shares of the exchange traded fund’s stock valued at $362,000 after purchasing an additional 721 shares in the last quarter. Integrated Wealth Concepts LLC raised its stake in shares of SPDR Bloomberg Convertible Securities ETF by 5.7% during the 4th quarter. Integrated Wealth Concepts LLC now owns 14,299 shares of the exchange traded fund’s stock valued at $1,114,000 after purchasing an additional 769 shares during the period. Finally, Arkos Global Advisors lifted its holdings in SPDR Bloomberg Convertible Securities ETF by 1.1% during the 4th quarter. Arkos Global Advisors now owns 70,890 shares of the exchange traded fund’s stock worth $5,522,000 after purchasing an additional 770 shares in the last quarter.

SPDR Bloomberg Convertible Securities ETF Stock Performance

Shares of NYSEARCA CWB opened at $80.27 on Friday. SPDR Bloomberg Convertible Securities ETF has a 52 week low of $70.12 and a 52 week high of $82.24. The business has a 50-day simple moving average of $78.20 and a two-hundred day simple moving average of $78.75.

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.