Kovitz Investment Group Partners LLC Increases Stock Position in SPDR Bloomberg Convertible Securities ETF $CWB

Kovitz Investment Group Partners LLC increased its holdings in shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 74.6% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 70,276 shares of the exchange traded fund’s stock after purchasing an additional 30,027 shares during the period. Kovitz Investment Group Partners LLC owned 0.13% of SPDR Bloomberg Convertible Securities ETF worth $6,269,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of CWB. Alliance Wealth Advisors LLC UT bought a new stake in SPDR Bloomberg Convertible Securities ETF during the 3rd quarter valued at $1,096,000. Mirae Asset Global Investments Co. Ltd. raised its position in shares of SPDR Bloomberg Convertible Securities ETF by 12.5% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 56,782 shares of the exchange traded fund’s stock worth $5,065,000 after acquiring an additional 6,322 shares in the last quarter. Goodman Advisory Group LLC raised its position in shares of SPDR Bloomberg Convertible Securities ETF by 9.1% in the 3rd quarter. Goodman Advisory Group LLC now owns 543,340 shares of the exchange traded fund’s stock worth $49,172,000 after acquiring an additional 45,353 shares in the last quarter. LPL Financial LLC boosted its position in SPDR Bloomberg Convertible Securities ETF by 2.3% during the fourth quarter. LPL Financial LLC now owns 1,578,806 shares of the exchange traded fund’s stock valued at $140,830,000 after purchasing an additional 35,217 shares in the last quarter. Finally, RWA Wealth Partners LLC boosted its position in SPDR Bloomberg Convertible Securities ETF by 8.2% during the third quarter. RWA Wealth Partners LLC now owns 81,856 shares of the exchange traded fund’s stock valued at $7,408,000 after purchasing an additional 6,228 shares in the last quarter.

SPDR Bloomberg Convertible Securities ETF Stock Performance

CWB opened at $110.58 on Friday. The business’s 50-day moving average is $104.30 and its two-hundred day moving average is $96.67. SPDR Bloomberg Convertible Securities ETF has a 1 year low of $80.00 and a 1 year high of $112.02.

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.