Florin Court Capital LLP Sells 92,000 Shares of SPDR Bloomberg Convertible Securities ETF $CWB

Florin Court Capital LLP cut its stake in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 54.2% in the third quarter, HoldingsChannel reports. The institutional investor owned 77,695 shares of the exchange traded fund’s stock after selling 92,000 shares during the quarter. SPDR Bloomberg Convertible Securities ETF makes up about 5.5% of Florin Court Capital LLP’s holdings, making the stock its 6th biggest holding. Florin Court Capital LLP’s holdings in SPDR Bloomberg Convertible Securities ETF were worth $7,031,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also bought and sold shares of the company. Nvwm LLC grew its position in SPDR Bloomberg Convertible Securities ETF by 4.6% in the third quarter. Nvwm LLC now owns 2,772 shares of the exchange traded fund’s stock valued at $251,000 after acquiring an additional 121 shares during the period. Austin Private Wealth LLC grew its holdings in shares of SPDR Bloomberg Convertible Securities ETF by 4.9% in the 2nd quarter. Austin Private Wealth LLC now owns 3,254 shares of the exchange traded fund’s stock worth $269,000 after purchasing an additional 151 shares during the last quarter. Hazlett Burt & Watson Inc. increased its position in shares of 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 worth $124,000 after purchasing an additional 152 shares in the last quarter. Avidian Wealth Enterprises LLC increased its position in shares of 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 purchasing an additional 157 shares in the last quarter. Finally, Key Financial Inc lifted its holdings in SPDR Bloomberg Convertible Securities ETF by 1.7% during the 2nd quarter. Key Financial Inc now owns 9,378 shares of the exchange traded fund’s stock valued at $775,000 after purchasing an additional 159 shares during the last quarter.

SPDR Bloomberg Convertible Securities ETF Stock Performance

NYSEARCA:CWB opened at $94.91 on Wednesday. SPDR Bloomberg Convertible Securities ETF has a 12 month low of $70.56 and a 12 month high of $95.05. The company’s 50-day moving average price is $90.94 and its two-hundred day moving average price is $89.37.

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.