Windsor Capital Management LLC decreased its holdings in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB – Free Report) by 6.5% in the second quarter, HoldingsChannel reports. The institutional investor owned 80,797 shares of the exchange traded fund’s stock after selling 5,641 shares during the period. SPDR Bloomberg Convertible Securities ETF makes up 2.3% of Windsor Capital Management LLC’s portfolio, making the stock its 13th biggest position. Windsor Capital Management LLC’s holdings in SPDR Bloomberg Convertible Securities ETF were worth $8,712,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Money Concepts Capital Corp boosted its position in shares of SPDR Bloomberg Convertible Securities ETF by 3.5% during the 4th quarter. Money Concepts Capital Corp now owns 3,343 shares of the exchange traded fund’s stock valued at $298,000 after acquiring an additional 112 shares in the last quarter. Chicago Partners Investment Group LLC increased its stake in SPDR Bloomberg Convertible Securities ETF by 0.3% in the fourth quarter. Chicago Partners Investment Group LLC now owns 45,855 shares of the exchange traded fund’s stock valued at $4,305,000 after acquiring an additional 125 shares during the period. Powell Investment Advisors LLC raised its position in SPDR Bloomberg Convertible Securities ETF by 0.4% in the fourth quarter. Powell Investment Advisors LLC now owns 30,662 shares of the exchange traded fund’s stock worth $2,735,000 after purchasing an additional 133 shares in the last quarter. Mercer Global Advisors Inc. ADV raised its position in SPDR Bloomberg Convertible Securities ETF by 0.8% in the third quarter. Mercer Global Advisors Inc. ADV now owns 18,237 shares of the exchange traded fund’s stock worth $1,650,000 after purchasing an additional 146 shares in the last quarter. Finally, Captrust Financial Advisors lifted its stake in SPDR Bloomberg Convertible Securities ETF by 0.6% during the fourth quarter. Captrust Financial Advisors now owns 32,285 shares of the exchange traded fund’s stock worth $2,880,000 after purchasing an additional 203 shares during the period.
SPDR Bloomberg Convertible Securities ETF Stock Performance
Shares of CWB opened at $103.86 on Friday. The company has a 50-day moving average price of $105.31 and a two-hundred day moving average price of $99.91. SPDR Bloomberg Convertible Securities ETF has a 12 month low of $84.02 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.
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Want to see what other hedge funds are holding CWB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB – Free Report).
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