Cambridge Investment Research Advisors Inc. Raises Position in SPDR Bloomberg Convertible Securities ETF $CWB

Cambridge Investment Research Advisors Inc. raised its stake in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 13.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 300,389 shares of the exchange traded fund’s stock after purchasing an additional 34,842 shares during the quarter. Cambridge Investment Research Advisors Inc.’s holdings in SPDR Bloomberg Convertible Securities ETF were worth $26,795,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Stablepoint Partners LLC raised its stake in shares of SPDR Bloomberg Convertible Securities ETF by 1.2% in the fourth quarter. Stablepoint Partners LLC now owns 9,164 shares of the exchange traded fund’s stock worth $817,000 after purchasing an additional 111 shares during the last quarter. Money Concepts Capital Corp raised its stake in shares of SPDR Bloomberg Convertible Securities ETF by 3.5% in the fourth quarter. Money Concepts Capital Corp now owns 3,343 shares of the exchange traded fund’s stock worth $298,000 after purchasing an additional 112 shares during the last quarter. Intrust Bank NA raised its stake in shares of SPDR Bloomberg Convertible Securities ETF by 1.2% in the third quarter. Intrust Bank NA now owns 10,725 shares of the exchange traded fund’s stock worth $971,000 after purchasing an additional 125 shares during the last quarter. Chicago Partners Investment Group LLC raised its stake in shares of 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 worth $4,305,000 after purchasing an additional 125 shares during the last quarter. Finally, Absolute Capital Management LLC raised its stake in shares of SPDR Bloomberg Convertible Securities ETF by 4.5% in the third quarter. Absolute Capital Management LLC now owns 3,064 shares of the exchange traded fund’s stock worth $277,000 after purchasing an additional 132 shares during the last quarter.

SPDR Bloomberg Convertible Securities ETF Stock Down 1.6%

CWB stock opened at $102.86 on Tuesday. The business has a 50 day moving average of $97.36 and a 200-day moving average of $93.87. SPDR Bloomberg Convertible Securities ETF has a 12-month low of $79.13 and a 12-month high of $107.04.

SPDR Bloomberg Convertible Securities ETF 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.