SPDR Bloomberg Convertible Securities ETF $CWB Shares Sold by Assetmark Inc.

Assetmark Inc. reduced its position in shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 15.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 911,754 shares of the exchange traded fund’s stock after selling 171,767 shares during the period. Assetmark Inc. owned 1.74% of SPDR Bloomberg Convertible Securities ETF worth $81,328,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Stablepoint Partners LLC increased its position in shares of SPDR Bloomberg Convertible Securities ETF by 1.2% during the fourth quarter. Stablepoint Partners LLC now owns 9,164 shares of the exchange traded fund’s stock valued at $817,000 after acquiring an additional 111 shares during the last quarter. Nvwm LLC increased its position 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 valued at $251,000 after acquiring an additional 121 shares during the last quarter. Intrust Bank NA increased its position in shares of SPDR Bloomberg Convertible Securities ETF by 1.2% during 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 during the last quarter. Absolute Capital Management LLC increased its position in shares of SPDR Bloomberg Convertible Securities ETF by 4.5% during the third 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. Finally, Mercer Global Advisors Inc. ADV increased its position in shares of SPDR Bloomberg Convertible Securities ETF by 0.8% during the third quarter. Mercer Global Advisors Inc. ADV now owns 18,237 shares of the exchange traded fund’s stock valued at $1,650,000 after acquiring an additional 146 shares during the last quarter.

SPDR Bloomberg Convertible Securities ETF Trading Up 1.4%

Shares of CWB opened at $97.88 on Tuesday. SPDR Bloomberg Convertible Securities ETF has a 1-year low of $73.55 and a 1-year high of $97.99. The firm has a 50-day simple moving average of $93.66 and a two-hundred day simple moving average of $92.22.

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.