Hershey Financial Advisers LLC Boosts Stock Position in SPDR Bloomberg Convertible Securities ETF $CWB

Hershey Financial Advisers LLC increased its position in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 25.5% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 50,884 shares of the exchange traded fund’s stock after buying an additional 10,330 shares during the quarter. SPDR Bloomberg Convertible Securities ETF comprises approximately 4.0% of Hershey Financial Advisers LLC’s holdings, making the stock its 3rd largest position. Hershey Financial Advisers LLC owned approximately 0.09% of SPDR Bloomberg Convertible Securities ETF worth $4,657,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. High Point Wealth Management LLC acquired a new position in SPDR Bloomberg Convertible Securities ETF during the fourth quarter worth about $26,000. Arax Advisory Partners acquired a new stake in SPDR Bloomberg Convertible Securities ETF in the 4th quarter valued at about $30,000. Annis Gardner Whiting Capital Advisors LLC acquired a new stake in SPDR Bloomberg Convertible Securities ETF in the 4th quarter valued at about $36,000. Highline Wealth Partners LLC bought a new position in shares of SPDR Bloomberg Convertible Securities ETF during the 4th quarter valued at about $39,000. Finally, Copia Wealth Management bought a new position in shares of SPDR Bloomberg Convertible Securities ETF during the 4th quarter valued at about $43,000.

SPDR Bloomberg Convertible Securities ETF Stock Down 0.0%

Shares of CWB opened at $101.49 on Friday. The firm’s 50 day moving average is $106.21 and its 200-day moving average is $98.79. SPDR Bloomberg Convertible Securities ETF has a 12-month low of $83.18 and a 12-month high of $112.02.

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.