Global Retirement Partners LLC Takes $478,000 Position in SPDR Bloomberg Convertible Securities ETF $CWB

Global Retirement Partners LLC purchased a new position in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 5,784 shares of the exchange traded fund’s stock, valued at approximately $478,000.

Several other institutional investors also recently added to or reduced their stakes in the stock. Boyd Watterson Asset Management LLC OH purchased a new stake in SPDR Bloomberg Convertible Securities ETF in the 2nd quarter valued at about $26,000. First Command Advisory Services Inc. bought a new stake in shares of SPDR Bloomberg Convertible Securities ETF during the second quarter valued at approximately $29,000. Proffitt & Goodson Inc. purchased a new stake in shares of SPDR Bloomberg Convertible Securities ETF in the second quarter valued at approximately $36,000. Farmers & Merchants Trust Co of Chambersburg PA bought a new position in SPDR Bloomberg Convertible Securities ETF in the second quarter worth approximately $50,000. Finally, SVB Wealth LLC bought a new position in SPDR Bloomberg Convertible Securities ETF in the first quarter worth approximately $53,000.

SPDR Bloomberg Convertible Securities ETF Stock Up 0.8%

Shares of NYSEARCA CWB opened at $90.57 on Friday. SPDR Bloomberg Convertible Securities ETF has a twelve month low of $70.56 and a twelve month high of $94.94. The business has a fifty day simple moving average of $91.14 and a two-hundred day simple moving average of $86.31.

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.