Cwm LLC Increases Stake in SPDR Bloomberg Convertible Securities ETF $CWB

Cwm LLC increased its position in shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 512.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 56,431 shares of the exchange traded fund’s stock after buying an additional 47,211 shares during the period. Cwm LLC owned about 0.11% of SPDR Bloomberg Convertible Securities ETF worth $5,034,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Mather Group LLC. purchased a new position in shares of SPDR Bloomberg Convertible Securities ETF during the third quarter valued at $35,000. Highline Wealth Partners LLC purchased a new position in shares of SPDR Bloomberg Convertible Securities ETF during the fourth quarter valued at $39,000. Glassy Mountain Advisors Inc. purchased a new position in shares of SPDR Bloomberg Convertible Securities ETF during the third quarter valued at $52,000. Harbor Investment Advisory LLC purchased a new position in shares of SPDR Bloomberg Convertible Securities ETF during the fourth quarter valued at $53,000. Finally, Rossby Financial LCC increased its stake in shares of SPDR Bloomberg Convertible Securities ETF by 19.8% during the third quarter. Rossby Financial LCC now owns 1,004 shares of the exchange traded fund’s stock valued at $92,000 after buying an additional 166 shares during the period.

SPDR Bloomberg Convertible Securities ETF Stock Performance

Shares of SPDR Bloomberg Convertible Securities ETF stock opened at $99.90 on Wednesday. SPDR Bloomberg Convertible Securities ETF has a 12 month low of $74.19 and a 12 month high of $101.17. The stock’s fifty day moving average price is $94.42 and its 200-day moving average price is $92.60.

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.