Thrivent Financial for Lutherans Acquires New Holdings in SPDR Bloomberg Convertible Securities ETF $CWB

Thrivent Financial for Lutherans bought a new stake in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 35,662 shares of the exchange traded fund’s stock, valued at approximately $3,227,000. Thrivent Financial for Lutherans owned about 0.07% of SPDR Bloomberg Convertible Securities ETF at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of CWB. Boyd Watterson Asset Management LLC OH bought a new stake in shares of SPDR Bloomberg Convertible Securities ETF in the 2nd quarter valued at about $26,000. First Command Advisory Services Inc. purchased a new stake in SPDR Bloomberg Convertible Securities ETF during the second quarter valued at approximately $29,000. Caldwell Trust Co acquired a new stake in SPDR Bloomberg Convertible Securities ETF in the second quarter valued at approximately $33,000. Mather Group LLC. acquired a new stake in SPDR Bloomberg Convertible Securities ETF in the third quarter valued at approximately $35,000. Finally, Atlantic Union Bankshares Corp purchased a new position in SPDR Bloomberg Convertible Securities ETF in the second quarter worth $58,000.

SPDR Bloomberg Convertible Securities ETF Stock Up 2.9%

Shares of CWB stock opened at $93.95 on Monday. SPDR Bloomberg Convertible Securities ETF has a 12-month low of $70.56 and a 12-month high of $96.17. The business’s fifty day simple moving average is $91.75 and its 200-day simple moving average is $89.87.

SPDR Bloomberg Convertible Securities ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were given a dividend of $0.0862 per share. This represents a c) annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend was Monday, February 2nd.

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.