Smithbridge Asset Management Inc. DE Sells 7,775 Shares of SPDR Bloomberg Convertible Securities ETF $CWB

Smithbridge Asset Management Inc. DE lessened its holdings in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 51.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,433 shares of the exchange traded fund’s stock after selling 7,775 shares during the period. Smithbridge Asset Management Inc. DE’s holdings in SPDR Bloomberg Convertible Securities ETF were worth $680,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Jane Street Group LLC grew its position in SPDR Bloomberg Convertible Securities ETF by 406.6% during the fourth quarter. Jane Street Group LLC now owns 548,444 shares of the exchange traded fund’s stock valued at $48,921,000 after buying an additional 440,188 shares during the period. Ameriprise Financial Inc. lifted its position in shares of SPDR Bloomberg Convertible Securities ETF by 76.1% during the third quarter. Ameriprise Financial Inc. now owns 802,532 shares of the exchange traded fund’s stock worth $72,599,000 after acquiring an additional 346,925 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of SPDR Bloomberg Convertible Securities ETF by 37.4% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 899,734 shares of the exchange traded fund’s stock worth $81,426,000 after acquiring an additional 244,707 shares during the period. Horizon Investments LLC boosted its holdings in shares of SPDR Bloomberg Convertible Securities ETF by 254.9% in the third quarter. Horizon Investments LLC now owns 301,023 shares of the exchange traded fund’s stock worth $27,182,000 after acquiring an additional 216,213 shares during the period. Finally, Aegis Wealth Management Inc. purchased a new position in shares of SPDR Bloomberg Convertible Securities ETF in the fourth quarter valued at $12,287,000.

SPDR Bloomberg Convertible Securities ETF Trading Down 1.8%

NYSEARCA:CWB opened at $105.85 on Thursday. SPDR Bloomberg Convertible Securities ETF has a 52-week low of $82.00 and a 52-week high of $112.02. The business’s fifty day moving average is $105.69 and its 200 day moving average is $97.66.

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.