SPDR Bloomberg Convertible Securities ETF $CWB Shares Sold by Florin Court Capital LLP

Florin Court Capital LLP lessened its holdings in shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 54.2% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 77,695 shares of the exchange traded fund’s stock after selling 92,000 shares during the period. SPDR Bloomberg Convertible Securities ETF makes up approximately 5.5% of Florin Court Capital LLP’s holdings, making the stock its 6th largest position. Florin Court Capital LLP owned 0.15% of SPDR Bloomberg Convertible Securities ETF worth $7,031,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Boyd Watterson Asset Management LLC OH bought a new position in shares of SPDR Bloomberg Convertible Securities ETF during the 2nd quarter worth 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. Caldwell Trust Co bought a new stake in shares of SPDR Bloomberg Convertible Securities ETF during the second quarter valued at approximately $33,000. Mather Group LLC. acquired a new position in shares of SPDR Bloomberg Convertible Securities ETF in the third quarter valued at $35,000. Finally, Proffitt & Goodson Inc. bought a new position in SPDR Bloomberg Convertible Securities ETF in the second quarter worth $36,000.

SPDR Bloomberg Convertible Securities ETF Price Performance

Shares of SPDR Bloomberg Convertible Securities ETF stock opened at $94.91 on Wednesday. The company’s fifty day moving average price is $90.94 and its two-hundred day moving average price is $89.37. SPDR Bloomberg Convertible Securities ETF has a 52-week low of $70.56 and a 52-week high of $95.05.

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. 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.