Nomura Asset Management Co. Ltd. Sells 30,621 Shares of SPDR Bloomberg Convertible Securities ETF $CWB

Nomura Asset Management Co. Ltd. reduced its stake in shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 29.0% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 75,056 shares of the exchange traded fund’s stock after selling 30,621 shares during the period. Nomura Asset Management Co. Ltd. owned approximately 0.14% of SPDR Bloomberg Convertible Securities ETF worth $6,695,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in CWB. Qube Research & Technologies Ltd lifted its holdings in shares of SPDR Bloomberg Convertible Securities ETF by 66.4% during the 2nd quarter. Qube Research & Technologies Ltd now owns 4,913 shares of the exchange traded fund’s stock worth $406,000 after acquiring an additional 1,961 shares during the last quarter. NewEdge Advisors LLC lifted its holdings in shares of SPDR Bloomberg Convertible Securities ETF by 374.1% during the 2nd quarter. NewEdge Advisors LLC now owns 50,337 shares of the exchange traded fund’s stock worth $4,161,000 after acquiring an additional 39,719 shares during the last quarter. Diversify Advisory Services LLC bought a new stake in shares of SPDR Bloomberg Convertible Securities ETF during the 2nd quarter worth $216,000. Diversify Wealth Management LLC bought a new stake in shares of SPDR Bloomberg Convertible Securities ETF during the 2nd quarter worth $344,000. Finally, Raymond James Financial Inc. lifted its holdings in shares of SPDR Bloomberg Convertible Securities ETF by 7.4% during the 2nd quarter. Raymond James Financial Inc. now owns 362,992 shares of the exchange traded fund’s stock worth $30,005,000 after acquiring an additional 25,039 shares during the last quarter.

SPDR Bloomberg Convertible Securities ETF Price Performance

SPDR Bloomberg Convertible Securities ETF stock opened at $109.46 on Thursday. The firm has a fifty day simple moving average of $100.70 and a two-hundred day simple moving average of $95.11. SPDR Bloomberg Convertible Securities ETF has a twelve month low of $80.00 and a twelve month high of $112.02.

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.