Ameritas Advisory Services LLC lifted its position in shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB – Free Report) by 880.7% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 7,502 shares of the exchange traded fund’s stock after buying an additional 6,737 shares during the quarter. Ameritas Advisory Services LLC’s holdings in SPDR Bloomberg Convertible Securities ETF were worth $669,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also made changes to their positions in the company. Bank of America Corp DE increased its position in SPDR Bloomberg Convertible Securities ETF by 0.5% during the 3rd quarter. Bank of America Corp DE now owns 2,634,532 shares of the exchange traded fund’s stock worth $238,425,000 after purchasing an additional 13,467 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its position in SPDR Bloomberg Convertible Securities ETF by 37.4% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 899,734 shares of the exchange traded fund’s stock worth $81,426,000 after purchasing an additional 244,707 shares in the last quarter. Ameriprise Financial Inc. increased its position in SPDR Bloomberg Convertible Securities ETF by 76.1% during the 3rd quarter. Ameriprise Financial Inc. now owns 802,532 shares of the exchange traded fund’s stock worth $72,599,000 after purchasing an additional 346,925 shares in the last quarter. Goodman Advisory Group LLC increased its position in SPDR Bloomberg Convertible Securities ETF by 9.1% during the 3rd quarter. Goodman Advisory Group LLC now owns 543,340 shares of the exchange traded fund’s stock worth $49,172,000 after purchasing an additional 45,353 shares in the last quarter. Finally, UBS Group AG increased its position in SPDR Bloomberg Convertible Securities ETF by 1.4% during the 4th quarter. UBS Group AG now owns 481,658 shares of the exchange traded fund’s stock worth $42,964,000 after purchasing an additional 6,570 shares in the last quarter.
SPDR Bloomberg Convertible Securities ETF Trading Down 1.9%
SPDR Bloomberg Convertible Securities ETF stock opened at $104.50 on Friday. The stock has a 50-day moving average price of $97.16 and a 200 day moving average price of $93.80. SPDR Bloomberg Convertible Securities ETF has a 52 week low of $79.13 and a 52 week high of $107.04.
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.
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