Almanack Investment Partners LLC. Invests $377,000 in SPDR Bloomberg Convertible Securities ETF $CWB

Almanack Investment Partners LLC. bought a new position in shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 4,566 shares of the exchange traded fund’s stock, valued at approximately $377,000.

Several other institutional investors also recently bought and sold shares of the stock. M3 Advisory Group LLC increased its holdings in SPDR Bloomberg Convertible Securities ETF by 1.7% in the 2nd quarter. M3 Advisory Group LLC now owns 10,267 shares of the exchange traded fund’s stock valued at $849,000 after acquiring an additional 167 shares during the last quarter. IFP Advisors Inc grew its position in shares of SPDR Bloomberg Convertible Securities ETF by 15.3% during the second quarter. IFP Advisors Inc now owns 34,320 shares of the exchange traded fund’s stock valued at $2,837,000 after purchasing an additional 4,561 shares in the last quarter. US Bancorp DE increased its holdings in shares of SPDR Bloomberg Convertible Securities ETF by 19.9% in the second quarter. US Bancorp DE now owns 10,570 shares of the exchange traded fund’s stock worth $874,000 after purchasing an additional 1,752 shares during the last quarter. Ignite Planners LLC lifted its position in shares of SPDR Bloomberg Convertible Securities ETF by 1.9% in the second quarter. Ignite Planners LLC now owns 18,354 shares of the exchange traded fund’s stock worth $1,564,000 after buying an additional 334 shares in the last quarter. Finally, H&H Retirement Design & Management INC boosted its stake in SPDR Bloomberg Convertible Securities ETF by 7.3% during the second quarter. H&H Retirement Design & Management INC now owns 410,452 shares of the exchange traded fund’s stock valued at $34,872,000 after buying an additional 27,962 shares during the last quarter.

SPDR Bloomberg Convertible Securities ETF Stock Performance

NYSEARCA CWB opened at $90.90 on Monday. SPDR Bloomberg Convertible Securities ETF has a 1-year low of $70.56 and a 1-year high of $93.15. The business has a 50 day simple moving average of $87.80 and a two-hundred day simple moving average of $82.62.

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.