Global Retirement Partners LLC Buys Shares of 5,784 SPDR Bloomberg Convertible Securities ETF $CWB

Global Retirement Partners LLC purchased a new position in shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) during the second quarter, HoldingsChannel.com reports. The fund purchased 5,784 shares of the exchange traded fund’s stock, valued at approximately $478,000.

Other institutional investors have also recently made changes to their positions in the company. Arkadios Wealth Advisors acquired a new position in SPDR Bloomberg Convertible Securities ETF during the 1st quarter valued at about $299,000. AXS Investments LLC increased its holdings in shares of SPDR Bloomberg Convertible Securities ETF by 2.8% during the first quarter. AXS Investments LLC now owns 19,841 shares of the exchange traded fund’s stock valued at $1,520,000 after acquiring an additional 540 shares in the last quarter. Ameriprise Financial Inc. raised its position in shares of SPDR Bloomberg Convertible Securities ETF by 34.1% in the 1st quarter. Ameriprise Financial Inc. now owns 1,345,622 shares of the exchange traded fund’s stock valued at $103,121,000 after purchasing an additional 341,981 shares during the last quarter. SVB Wealth LLC acquired a new stake in SPDR Bloomberg Convertible Securities ETF in the 1st quarter worth approximately $53,000. Finally, Wealth Preservation Advisors LLC purchased a new stake in SPDR Bloomberg Convertible Securities ETF during the 1st quarter worth approximately $61,000.

SPDR Bloomberg Convertible Securities ETF Stock Performance

Shares of SPDR Bloomberg Convertible Securities ETF stock opened at $90.57 on Friday. The firm’s 50 day simple moving average is $91.14 and its two-hundred day simple moving average is $86.31. SPDR Bloomberg Convertible Securities ETF has a 12-month low of $70.56 and a 12-month high of $94.94.

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.