SPDR Bloomberg Convertible Securities ETF $CWB Shares Newly Acquired by Chicago Partners Investment Group LLC

Chicago Partners Investment Group LLC bought a new position in shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 42,906 shares of the exchange traded fund’s stock, valued at approximately $4,082,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bank of America Corp DE increased its holdings in SPDR Bloomberg Convertible Securities ETF by 1.0% in the first 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 in the last quarter. Howard Capital Management LLC boosted its stake in shares of SPDR Bloomberg Convertible Securities ETF by 1.3% during the 3rd quarter. Howard Capital Management LLC now owns 2,020,000 shares of the exchange traded fund’s stock worth $204,384,000 after acquiring an additional 26,904 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of SPDR Bloomberg Convertible Securities ETF by 346.2% during the 2nd 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. grew its holdings in shares of SPDR Bloomberg Convertible Securities ETF by 7.4% in the 1st 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 during the period. Finally, Delta Capital Management LLC acquired a new stake in shares of SPDR Bloomberg Convertible Securities ETF in the 3rd quarter worth approximately $119,999,000.

SPDR Bloomberg Convertible Securities ETF Stock Down 3.1%

NYSEARCA CWB opened at $90.73 on Friday. SPDR Bloomberg Convertible Securities ETF has a 1-year low of $85.37 and a 1-year high of $112.02. The business has a 50 day moving average price of $99.54 and a 200 day moving average price of $100.10.

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.