Client First Investment Management LLC Buys New Position in SPDR Bloomberg Convertible Securities ETF $CWB

Client First Investment Management LLC purchased a new position in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) in the third quarter, HoldingsChannel.com reports. The firm purchased 6,382 shares of the exchange traded fund’s stock, valued at approximately $578,000. SPDR Bloomberg Convertible Securities ETF comprises 0.3% of Client First Investment Management LLC’s holdings, making the stock its 28th biggest holding.

Other large investors also recently bought and sold shares of the company. Austin Private Wealth LLC raised its stake in shares of SPDR Bloomberg Convertible Securities ETF by 4.9% during the second quarter. Austin Private Wealth LLC now owns 3,254 shares of the exchange traded fund’s stock valued at $269,000 after purchasing an additional 151 shares during the period. Hazlett Burt & Watson Inc. grew its holdings in SPDR Bloomberg Convertible Securities ETF by 11.0% during the 2nd quarter. Hazlett Burt & Watson Inc. now owns 1,529 shares of the exchange traded fund’s stock valued at $124,000 after purchasing an additional 152 shares in the last quarter. Avidian Wealth Enterprises LLC increased its stake in SPDR Bloomberg Convertible Securities ETF by 3.3% during the 2nd quarter. Avidian Wealth Enterprises LLC now owns 4,949 shares of the exchange traded fund’s stock worth $409,000 after buying an additional 157 shares during the period. Farrell Financial LLC lifted its holdings in SPDR Bloomberg Convertible Securities ETF by 1.2% in the 2nd quarter. Farrell Financial LLC now owns 13,252 shares of the exchange traded fund’s stock worth $1,095,000 after buying an additional 159 shares in the last quarter. Finally, Key Financial Inc boosted its position in SPDR Bloomberg Convertible Securities ETF by 1.7% in the 2nd quarter. Key Financial Inc now owns 9,378 shares of the exchange traded fund’s stock valued at $775,000 after buying an additional 159 shares during the last quarter.

SPDR Bloomberg Convertible Securities ETF Stock Performance

Shares of SPDR Bloomberg Convertible Securities ETF stock opened at $90.60 on Wednesday. SPDR Bloomberg Convertible Securities ETF has a 1-year low of $70.56 and a 1-year high of $94.94. The business has a 50-day moving average of $90.72 and a 200-day moving average of $87.54.

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.