Emissary Wealth LLC Makes New Investment in SPDR Bloomberg Convertible Securities ETF $CWB

Emissary Wealth LLC purchased a new stake in shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 27,596 shares of the exchange traded fund’s stock, valued at approximately $2,462,000. SPDR Bloomberg Convertible Securities ETF makes up about 2.1% of Emissary Wealth LLC’s portfolio, making the stock its 18th largest position. Emissary Wealth LLC owned about 0.05% of SPDR Bloomberg Convertible Securities ETF at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Win Advisors Inc. bought a new stake in shares of SPDR Bloomberg Convertible Securities ETF during the third quarter valued at approximately $919,000. Alliance Wealth Advisors LLC UT bought a new stake in shares of SPDR Bloomberg Convertible Securities ETF during the third quarter valued at approximately $1,096,000. Arrow Investment Advisors LLC bought a new stake in shares of SPDR Bloomberg Convertible Securities ETF during the third quarter valued at approximately $1,188,000. Commonwealth Equity Services LLC raised its stake in shares of SPDR Bloomberg Convertible Securities ETF by 4.3% during the third quarter. Commonwealth Equity Services LLC now owns 252,425 shares of the exchange traded fund’s stock valued at $22,845,000 after acquiring an additional 10,483 shares in the last quarter. Finally, Estate Counselors LLC bought a new stake in shares of SPDR Bloomberg Convertible Securities ETF during the third quarter valued at approximately $11,647,000.

SPDR Bloomberg Convertible Securities ETF Price Performance

SPDR Bloomberg Convertible Securities ETF stock opened at $100.51 on Monday. The company has a 50 day moving average price of $94.20 and a 200-day moving average price of $92.48. SPDR Bloomberg Convertible Securities ETF has a fifty-two week low of $73.55 and a fifty-two week high of $100.89.

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.