Graetz Wealth LLC Has $3.15 Million Stake in SPDR Bloomberg Convertible Securities ETF $CWB

Graetz Wealth LLC raised its stake in shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 19.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 34,399 shares of the exchange traded fund’s stock after purchasing an additional 5,522 shares during the period. SPDR Bloomberg Convertible Securities ETF accounts for 2.8% of Graetz Wealth LLC’s portfolio, making the stock its 8th largest holding. Graetz Wealth LLC owned 0.06% of SPDR Bloomberg Convertible Securities ETF worth $3,148,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. Bank of America Corp DE grew its stake in SPDR Bloomberg Convertible Securities ETF by 0.5% in the 3rd quarter. Bank of America Corp DE now owns 2,634,532 shares of the exchange traded fund’s stock valued at $238,425,000 after buying an additional 13,467 shares during the last quarter. LPL Financial LLC lifted its position in SPDR Bloomberg Convertible Securities ETF by 2.3% during the 4th quarter. LPL Financial LLC now owns 1,578,806 shares of the exchange traded fund’s stock worth $140,830,000 after acquiring an additional 35,217 shares during the last quarter. Wells Fargo & Company MN boosted its holdings in SPDR Bloomberg Convertible Securities ETF by 3.4% during the fourth quarter. Wells Fargo & Company MN now owns 1,483,024 shares of the exchange traded fund’s stock valued at $132,286,000 after acquiring an additional 48,840 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in shares of SPDR Bloomberg Convertible Securities ETF by 15.8% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,042,121 shares of the exchange traded fund’s stock valued at $92,957,000 after purchasing an additional 142,387 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its stake in shares of SPDR Bloomberg Convertible Securities ETF by 76.1% in the third 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 during the period.

SPDR Bloomberg Convertible Securities ETF Price Performance

NYSEARCA CWB opened at $105.62 on Friday. The stock has a 50-day simple moving average of $106.20 and a 200 day simple moving average of $98.31. SPDR Bloomberg Convertible Securities ETF has a twelve month low of $83.18 and a twelve month high of $112.02.

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.