Capital City Trust Co. FL purchased a new position in shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB – Free Report) in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 14,533 shares of the exchange traded fund’s stock, valued at approximately $1,470,000.
Several other hedge funds also recently made changes to their positions in CWB. Bank of America Corp DE increased its stake in SPDR Bloomberg Convertible Securities ETF by 1.0% in the 1st quarter. Bank of America Corp DE now owns 2,654,014 shares of the exchange traded fund’s stock valued at $242,895,000 after buying an additional 26,717 shares during the last quarter. Howard Capital Management LLC increased its position in shares of SPDR Bloomberg Convertible Securities ETF by 1.3% in the third quarter. Howard Capital Management LLC now owns 2,020,000 shares of the exchange traded fund’s stock valued at $204,384,000 after acquiring an additional 26,904 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in SPDR Bloomberg Convertible Securities ETF by 346.2% during the second quarter. Envestnet Asset Management Inc. now owns 2,004,950 shares of the exchange traded fund’s stock worth $216,174,000 after acquiring an additional 1,555,591 shares in the last quarter. Bessemer Group Inc. raised its holdings in SPDR Bloomberg Convertible Securities ETF by 7.4% during the first quarter. Bessemer Group Inc. now owns 1,215,879 shares of the exchange traded fund’s stock worth $111,278,000 after acquiring an additional 83,758 shares in the last quarter. Finally, Delta Capital Management LLC acquired a new position in SPDR Bloomberg Convertible Securities ETF during the third quarter valued at approximately $119,999,000.
SPDR Bloomberg Convertible Securities ETF Stock Performance
CWB stock opened at $95.15 on Friday. SPDR Bloomberg Convertible Securities ETF has a twelve month low of $85.37 and a twelve month high of $112.02. The business has a 50 day moving average price of $101.22 and a two-hundred day moving average price of $103.01.
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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