Aegis Wealth Management Inc. Reduces Stock Holdings in SPDR Bloomberg Convertible Securities ETF $CWB

Aegis Wealth Management Inc. trimmed its position in shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 93.6% in the 1st quarter, Holdings Channel.com reports. The firm owned 8,838 shares of the exchange traded fund’s stock after selling 128,911 shares during the quarter. Aegis Wealth Management Inc.’s holdings in SPDR Bloomberg Convertible Securities ETF were worth $809,000 as of its most recent filing with the Securities and Exchange Commission.

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

SPDR Bloomberg Convertible Securities ETF Price Performance

Shares of CWB opened at $107.52 on Friday. SPDR Bloomberg Convertible Securities ETF has a 52-week low of $81.61 and a 52-week high of $112.02. The stock’s 50-day simple moving average is $105.17 and its 200 day simple moving average is $97.22.

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.