SPDR Bloomberg Convertible Securities ETF $CWB Shares Acquired by Ausdal Financial Partners Inc.

Ausdal Financial Partners Inc. increased its holdings in shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 484.3% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 23,145 shares of the exchange traded fund’s stock after purchasing an additional 19,184 shares during the period. Ausdal Financial Partners Inc.’s holdings in SPDR Bloomberg Convertible Securities ETF were worth $2,095,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Nvwm LLC lifted its stake in shares of SPDR Bloomberg Convertible Securities ETF by 4.6% during the third quarter. Nvwm LLC now owns 2,772 shares of the exchange traded fund’s stock worth $251,000 after purchasing an additional 121 shares in the last quarter. Intrust Bank NA grew its stake in shares of 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 buying an additional 125 shares in the last quarter. Absolute Capital Management LLC grew its stake in shares of SPDR Bloomberg Convertible Securities ETF by 4.5% in the third quarter. Absolute Capital Management LLC now owns 3,064 shares of the exchange traded fund’s stock valued at $277,000 after buying an additional 132 shares in the last quarter. Howard Wealth Management LLC raised its holdings in shares of 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 valued at $2,173,000 after buying an additional 153 shares during the period. Finally, Sowell Financial Services LLC raised its holdings in shares of SPDR Bloomberg Convertible Securities ETF by 0.6% during the 3rd quarter. Sowell Financial Services LLC now owns 27,674 shares of the exchange traded fund’s stock valued at $2,505,000 after buying an additional 164 shares during the period.

SPDR Bloomberg Convertible Securities ETF Price Performance

SPDR Bloomberg Convertible Securities ETF stock opened at $92.05 on Monday. SPDR Bloomberg Convertible Securities ETF has a one year low of $70.56 and a one year high of $96.17. The stock’s 50 day moving average price is $93.70 and its 200 day moving average price is $91.44.

SPDR Bloomberg Convertible Securities ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were given a dividend of $0.1465 per share. The ex-dividend date of this dividend was Monday, March 2nd. This is an increase from SPDR Bloomberg Convertible Securities ETF’s previous monthly dividend of $0.09. This represents a c) dividend on an annualized basis and a dividend yield of 1.9%.

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.