Concurrent Investment Advisors LLC Purchases 50,505 Shares of SPDR Bloomberg Convertible Securities ETF $CWB

Concurrent Investment Advisors LLC lifted its position in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 1,670.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 53,528 shares of the exchange traded fund’s stock after purchasing an additional 50,505 shares during the quarter. Concurrent Investment Advisors LLC owned about 0.10% of SPDR Bloomberg Convertible Securities ETF worth $4,775,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. Calamos Advisors LLC increased its holdings in shares of SPDR Bloomberg Convertible Securities ETF by 396.5% in the fourth quarter. Calamos Advisors LLC now owns 18,445 shares of the exchange traded fund’s stock worth $1,645,000 after purchasing an additional 14,730 shares during the last quarter. Calamos Wealth Management LLC bought a new stake in shares of SPDR Bloomberg Convertible Securities ETF in the fourth quarter worth about $457,000. Mackay Shields LLC bought a new stake in shares of SPDR Bloomberg Convertible Securities ETF in the fourth quarter worth about $1,216,000. Guardian Asset Advisors LLC grew its stake in shares of SPDR Bloomberg Convertible Securities ETF by 5.2% during the fourth quarter. Guardian Asset Advisors LLC now owns 11,377 shares of the exchange traded fund’s stock valued at $1,015,000 after buying an additional 560 shares during the last quarter. Finally, Riggs Asset Managment Co. Inc. grew its stake in shares of SPDR Bloomberg Convertible Securities ETF by 9.1% during the fourth quarter. Riggs Asset Managment Co. Inc. now owns 61,080 shares of the exchange traded fund’s stock valued at $5,448,000 after buying an additional 5,118 shares during the last quarter.

SPDR Bloomberg Convertible Securities ETF Price Performance

CWB opened at $100.78 on Monday. The stock’s 50 day moving average price is $94.82 and its 200-day moving average price is $92.77. SPDR Bloomberg Convertible Securities ETF has a one year low of $76.67 and a one year high of $101.63.

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.