SPDR Bloomberg Convertible Securities ETF $CWB Stock Position Boosted by Talon Private Wealth LLC

Talon Private Wealth LLC raised its stake in shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 25.4% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 29,986 shares of the exchange traded fund’s stock after buying an additional 6,074 shares during the period. Talon Private Wealth LLC’s holdings in SPDR Bloomberg Convertible Securities ETF were worth $3,233,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. HB Wealth Management LLC boosted its holdings in shares of SPDR Bloomberg Convertible Securities ETF by 1.1% in the second quarter. HB Wealth Management LLC now owns 10,414 shares of the exchange traded fund’s stock valued at $1,123,000 after acquiring an additional 110 shares in the last quarter. Money Concepts Capital Corp increased its stake in shares of SPDR Bloomberg Convertible Securities ETF by 3.5% during the fourth 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 during the period. Powell Investment Advisors LLC raised its holdings in SPDR Bloomberg Convertible Securities ETF by 0.4% during 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 holdings in SPDR Bloomberg Convertible Securities ETF by 0.8% during 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 position in SPDR Bloomberg Convertible Securities ETF by 0.6% in 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

NYSEARCA CWB traded up $0.67 on Friday, reaching $102.65. 1,467,630 shares of the stock traded hands, compared to its average volume of 928,618. The firm’s fifty day simple moving average is $103.36 and its 200 day simple moving average is $101.56. SPDR Bloomberg Convertible Securities ETF has a 12 month low of $85.37 and a 12 month high of $112.02.

About SPDR Bloomberg Convertible Securities ETF

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.