Alliance Wealth Advisors LLC UT Purchases New Holdings in SPDR Bloomberg Convertible Securities ETF $CWB

Alliance Wealth Advisors LLC UT acquired a new stake in shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 12,110 shares of the exchange traded fund’s stock, valued at approximately $1,096,000.

Other institutional investors also recently made changes to their positions in the company. Nvwm LLC boosted its stake in shares of SPDR Bloomberg Convertible Securities ETF by 4.6% during the 3rd quarter. Nvwm LLC now owns 2,772 shares of the exchange traded fund’s stock valued at $251,000 after buying an additional 121 shares during the last quarter. Intrust Bank NA raised its holdings in SPDR Bloomberg Convertible Securities ETF by 1.2% in the third quarter. Intrust Bank NA now owns 10,725 shares of the exchange traded fund’s stock valued at $971,000 after acquiring an additional 125 shares in the last quarter. Absolute Capital Management LLC boosted its stake in SPDR Bloomberg Convertible Securities ETF by 4.5% during the 3rd quarter. Absolute Capital Management LLC now owns 3,064 shares of the exchange traded fund’s stock valued at $277,000 after acquiring an additional 132 shares during the last quarter. Austin Private Wealth LLC grew its holdings in SPDR Bloomberg Convertible Securities ETF by 4.9% during the 2nd quarter. Austin Private Wealth LLC now owns 3,254 shares of the exchange traded fund’s stock worth $269,000 after acquiring an additional 151 shares in the last quarter. Finally, Howard Wealth Management LLC grew its holdings in SPDR Bloomberg Convertible Securities ETF by 0.6% during the 3rd quarter. Howard Wealth Management LLC now owns 24,014 shares of the exchange traded fund’s stock worth $2,173,000 after acquiring an additional 153 shares in the last quarter.

SPDR Bloomberg Convertible Securities ETF Price Performance

CWB opened at $94.64 on Friday. The company has a 50-day moving average of $92.57 and a 200-day moving average of $90.52. SPDR Bloomberg Convertible Securities ETF has a 1-year low of $70.56 and a 1-year high of $96.17.

SPDR Bloomberg Convertible Securities ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were paid a dividend of $0.0862 per share. The ex-dividend date was Monday, February 2nd. This represents a c) annualized dividend and a yield of 1.1%.

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. 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.