SPDR Bloomberg Convertible Securities ETF $CWB Shares Acquired by David J Yvars Group

David J Yvars Group increased its position in shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 12.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 61,257 shares of the exchange traded fund’s stock after buying an additional 6,572 shares during the period. SPDR Bloomberg Convertible Securities ETF comprises about 2.9% of David J Yvars Group’s portfolio, making the stock its 9th biggest position. David J Yvars Group owned 0.12% of SPDR Bloomberg Convertible Securities ETF worth $5,464,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Nvwm LLC lifted its stake in SPDR Bloomberg Convertible Securities ETF by 4.6% in the third quarter. Nvwm LLC now owns 2,772 shares of the exchange traded fund’s stock worth $251,000 after acquiring an additional 121 shares during the last quarter. Intrust Bank NA increased its position in shares of SPDR Bloomberg Convertible Securities ETF by 1.2% in the 3rd quarter. Intrust Bank NA now owns 10,725 shares of the exchange traded fund’s stock valued at $971,000 after purchasing an additional 125 shares during the last quarter. Absolute Capital Management LLC raised its holdings in shares of SPDR Bloomberg Convertible Securities ETF by 4.5% in the 3rd quarter. Absolute Capital Management LLC now owns 3,064 shares of the exchange traded fund’s stock valued at $277,000 after purchasing an additional 132 shares in the last quarter. Mercer Global Advisors Inc. ADV raised its holdings in shares of SPDR Bloomberg Convertible Securities ETF by 0.8% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 18,237 shares of the exchange traded fund’s stock valued at $1,650,000 after purchasing an additional 146 shares in the last quarter. Finally, Howard Wealth Management LLC lifted its position in shares of SPDR Bloomberg Convertible Securities ETF by 0.6% during the 3rd quarter. Howard Wealth Management LLC now owns 24,014 shares of the exchange traded fund’s stock worth $2,173,000 after purchasing an additional 153 shares during the last quarter.

SPDR Bloomberg Convertible Securities ETF Stock Up 0.3%

SPDR Bloomberg Convertible Securities ETF stock opened at $92.97 on Wednesday. The company has a fifty day simple moving average of $93.81 and a 200-day simple moving average of $91.79. SPDR Bloomberg Convertible Securities ETF has a 12-month low of $70.56 and a 12-month high of $96.17.

SPDR Bloomberg Convertible Securities ETF Increases Dividend

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

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.