SPDR Bloomberg Convertible Securities ETF $CWB Shares Purchased by Blair William & Co. IL

Blair William & Co. IL increased its position in shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 81.2% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 43,977 shares of the exchange traded fund’s stock after buying an additional 19,701 shares during the period. Blair William & Co. IL owned 0.09% of SPDR Bloomberg Convertible Securities ETF worth $3,980,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Caldwell Trust Co acquired a new position in shares of SPDR Bloomberg Convertible Securities ETF in the second quarter worth about $33,000. Mather Group LLC. acquired a new stake in shares of SPDR Bloomberg Convertible Securities ETF during the 3rd quarter valued at about $35,000. Glassy Mountain Advisors Inc. acquired a new stake in shares of SPDR Bloomberg Convertible Securities ETF during the 3rd quarter valued at about $52,000. Country Trust Bank purchased a new position in shares of SPDR Bloomberg Convertible Securities ETF in the 2nd quarter valued at about $80,000. Finally, Rossby Financial LCC increased its stake in shares of SPDR Bloomberg Convertible Securities ETF by 19.8% in the 3rd quarter. Rossby Financial LCC now owns 1,004 shares of the exchange traded fund’s stock valued at $92,000 after purchasing an additional 166 shares in the last quarter.

SPDR Bloomberg Convertible Securities ETF Stock Up 0.5%

NYSEARCA CWB opened at $93.45 on Thursday. The stock has a 50-day moving average of $93.62 and a 200 day moving average of $91.32. SPDR Bloomberg Convertible Securities ETF has a twelve month low of $70.56 and a twelve month high of $96.17.

SPDR Bloomberg Convertible Securities ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were paid a dividend of $0.1465 per share. This represents a c) annualized dividend and a dividend yield of 1.9%. The ex-dividend date of this dividend was Monday, March 2nd. This is a positive change from SPDR Bloomberg Convertible Securities ETF’s previous monthly dividend of $0.09.

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.