Advisors Preferred LLC Has $11.46 Million Stock Holdings in SPDR Bloomberg Convertible Securities ETF $CWB

Advisors Preferred LLC boosted its position in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 71.2% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 125,232 shares of the exchange traded fund’s stock after acquiring an additional 52,101 shares during the quarter. SPDR Bloomberg Convertible Securities ETF accounts for 1.7% of Advisors Preferred LLC’s holdings, making the stock its 12th largest holding. Advisors Preferred LLC owned 0.22% of SPDR Bloomberg Convertible Securities ETF worth $11,461,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in CWB. Stablepoint Partners LLC raised its holdings in shares of SPDR Bloomberg Convertible Securities ETF by 1.2% during the 4th quarter. Stablepoint Partners LLC now owns 9,164 shares of the exchange traded fund’s stock worth $817,000 after buying an additional 111 shares in the last quarter. Money Concepts Capital Corp grew its position in SPDR Bloomberg Convertible Securities ETF by 3.5% in the fourth quarter. Money Concepts Capital Corp now owns 3,343 shares of the exchange traded fund’s stock valued at $298,000 after acquiring an additional 112 shares during the last quarter. Chicago Partners Investment Group LLC raised its stake in SPDR Bloomberg Convertible Securities ETF by 0.3% during the fourth quarter. Chicago Partners Investment Group LLC now owns 45,855 shares of the exchange traded fund’s stock worth $4,305,000 after acquiring an additional 125 shares in the last quarter. Powell Investment Advisors LLC raised its stake in SPDR Bloomberg Convertible Securities ETF by 0.4% during the fourth quarter. Powell Investment Advisors LLC now owns 30,662 shares of the exchange traded fund’s stock worth $2,735,000 after acquiring an additional 133 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV raised its stake in SPDR Bloomberg Convertible Securities ETF by 0.8% during the third quarter. Mercer Global Advisors Inc. ADV now owns 18,237 shares of the exchange traded fund’s stock worth $1,650,000 after acquiring an additional 146 shares in the last quarter.

SPDR Bloomberg Convertible Securities ETF Price Performance

CWB stock opened at $104.14 on Wednesday. The firm has a 50-day moving average price of $106.37 and a 200-day moving average price of $98.60. SPDR Bloomberg Convertible Securities ETF has a 12 month low of $83.18 and a 12 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.