12,067 Shares in SPDR Bloomberg Convertible Securities ETF $CWB Acquired by Fortis Group Advisors LLC

Fortis Group Advisors LLC acquired a new position in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 12,067 shares of the exchange traded fund’s stock, valued at approximately $1,127,000.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. IFP Advisors Inc boosted its holdings in SPDR Bloomberg Convertible Securities ETF by 29.5% in the 4th quarter. IFP Advisors Inc now owns 42,043 shares of the exchange traded fund’s stock valued at $3,750,000 after purchasing an additional 9,576 shares during the period. Creative Financial Designs Inc. ADV raised its position in shares of SPDR Bloomberg Convertible Securities ETF by 264.0% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 586 shares of the exchange traded fund’s stock valued at $52,000 after buying an additional 425 shares in the last quarter. PNC Financial Services Group Inc. raised its position in shares of SPDR Bloomberg Convertible Securities ETF by 0.5% during the 4th quarter. PNC Financial Services Group Inc. now owns 782,173 shares of the exchange traded fund’s stock valued at $69,770,000 after buying an additional 3,557 shares in the last quarter. HighTower Advisors LLC raised its position in shares of SPDR Bloomberg Convertible Securities ETF by 1.9% during the 4th quarter. HighTower Advisors LLC now owns 55,114 shares of the exchange traded fund’s stock valued at $4,916,000 after buying an additional 1,010 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. raised its position in shares of SPDR Bloomberg Convertible Securities ETF by 106.7% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 40,319 shares of the exchange traded fund’s stock valued at $3,596,000 after buying an additional 20,816 shares in the last quarter.

SPDR Bloomberg Convertible Securities ETF Stock Performance

SPDR Bloomberg Convertible Securities ETF stock opened at $105.37 on Friday. The firm’s fifty day moving average price is $98.03 and its 200-day moving average price is $94.09. SPDR Bloomberg Convertible Securities ETF has a fifty-two week low of $79.13 and a fifty-two week high of $107.04.

SPDR Bloomberg Convertible Securities ETF 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.