B. Riley Wealth Advisors Inc. Trims Holdings in SPDR Bloomberg Convertible Securities ETF $CWB

B. Riley Wealth Advisors Inc. reduced its position in shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 27.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 46,249 shares of the exchange traded fund’s stock after selling 17,384 shares during the period. B. Riley Wealth Advisors Inc. owned 0.09% of SPDR Bloomberg Convertible Securities ETF worth $4,186,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of CWB. Boyd Watterson Asset Management LLC OH acquired a new position in shares of SPDR Bloomberg Convertible Securities ETF during the 2nd quarter valued at about $26,000. First Command Advisory Services Inc. purchased a new position in shares of SPDR Bloomberg Convertible Securities ETF in the 2nd quarter worth $29,000. Caldwell Trust Co purchased a new position in shares of SPDR Bloomberg Convertible Securities ETF in the 2nd quarter worth $33,000. Mather Group LLC. acquired a new position in SPDR Bloomberg Convertible Securities ETF in the third quarter valued at $35,000. Finally, Proffitt & Goodson Inc. purchased a new stake in SPDR Bloomberg Convertible Securities ETF during the second quarter valued at about $36,000.

SPDR Bloomberg Convertible Securities ETF Stock Performance

Shares of NYSEARCA:CWB opened at $93.89 on Monday. SPDR Bloomberg Convertible Securities ETF has a 12 month low of $70.56 and a 12 month high of $94.94. The business has a 50-day moving average of $90.69 and a two-hundred day moving average of $89.22.

SPDR Bloomberg Convertible Securities ETF 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.