28,877 Shares in SPDR Bloomberg Convertible Securities ETF $CWB Bought by Graetz Wealth LLC

Graetz Wealth LLC bought a new position in shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 28,877 shares of the exchange traded fund’s stock, valued at approximately $2,576,000. SPDR Bloomberg Convertible Securities ETF comprises about 2.3% of Graetz Wealth LLC’s holdings, making the stock its 16th largest position. Graetz Wealth LLC owned 0.05% of SPDR Bloomberg Convertible Securities ETF at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of CWB. Ameriprise Financial Inc. raised its stake in SPDR Bloomberg Convertible Securities ETF by 76.1% during the third quarter. Ameriprise Financial Inc. now owns 802,532 shares of the exchange traded fund’s stock worth $72,599,000 after buying an additional 346,925 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in SPDR Bloomberg Convertible Securities ETF by 37.4% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 899,734 shares of the exchange traded fund’s stock worth $81,426,000 after buying an additional 244,707 shares during the last quarter. Horizon Investments LLC raised its stake in SPDR Bloomberg Convertible Securities ETF by 254.9% during the third quarter. Horizon Investments LLC now owns 301,023 shares of the exchange traded fund’s stock worth $27,182,000 after buying an additional 216,213 shares during the last quarter. Aegis Wealth Management Inc. bought a new position in SPDR Bloomberg Convertible Securities ETF during the fourth quarter worth $12,287,000. Finally, PFG Advisors bought a new position in SPDR Bloomberg Convertible Securities ETF during the third quarter worth $8,237,000.

SPDR Bloomberg Convertible Securities ETF Price Performance

Shares of NYSEARCA CWB opened at $105.62 on Friday. SPDR Bloomberg Convertible Securities ETF has a twelve month low of $80.00 and a twelve month high of $112.02. The firm has a fifty day simple moving average of $102.42 and a 200 day simple moving average of $95.87.

About SPDR Bloomberg Convertible Securities ETF

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.