Assetmark Inc. Sells 68,772 Shares of SPDR Bloomberg Convertible Securities ETF $CWB

Assetmark Inc. trimmed its holdings in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 7.5% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 842,982 shares of the exchange traded fund’s stock after selling 68,772 shares during the quarter. Assetmark Inc. owned 1.51% of SPDR Bloomberg Convertible Securities ETF worth $77,150,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. High Point Wealth Management LLC acquired a new stake in shares of SPDR Bloomberg Convertible Securities ETF during the 4th quarter worth approximately $26,000. Arax Advisory Partners acquired a new position in SPDR Bloomberg Convertible Securities ETF during the fourth quarter worth $30,000. Annis Gardner Whiting Capital Advisors LLC bought a new position in shares of SPDR Bloomberg Convertible Securities ETF during the fourth quarter valued at $36,000. Highline Wealth Partners LLC acquired a new position in shares of SPDR Bloomberg Convertible Securities ETF in the 4th quarter worth approximately $39,000. Finally, Copia Wealth Management bought a new stake in SPDR Bloomberg Convertible Securities ETF during the 4th quarter worth approximately $43,000.

SPDR Bloomberg Convertible Securities ETF Stock Down 0.0%

CWB stock opened at $101.49 on Friday. The business has a fifty day moving average price of $106.21 and a 200 day moving average price of $98.79. SPDR Bloomberg Convertible Securities ETF has a fifty-two week low of $83.18 and a fifty-two week 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.