D.A. Davidson & CO. Acquires 6,145 Shares of SPDR Bloomberg Convertible Securities ETF $CWB

D.A. Davidson & CO. boosted its stake in shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 83.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 13,495 shares of the exchange traded fund’s stock after buying an additional 6,145 shares during the period. D.A. Davidson & CO.’s holdings in SPDR Bloomberg Convertible Securities ETF were worth $1,235,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of CWB. Mirae Asset Global Investments Co. Ltd. grew its stake in SPDR Bloomberg Convertible Securities ETF by 12.5% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 56,782 shares of the exchange traded fund’s stock valued at $5,065,000 after purchasing an additional 6,322 shares during the last quarter. Liberty Atlantic Advisors LLC bought a new position in SPDR Bloomberg Convertible Securities ETF in the fourth quarter worth about $457,000. LPL Financial LLC lifted its position in shares of SPDR Bloomberg Convertible Securities ETF by 2.3% during the fourth quarter. LPL Financial LLC now owns 1,578,806 shares of the exchange traded fund’s stock valued at $140,830,000 after buying an additional 35,217 shares during the last quarter. Annex Advisory Services LLC purchased a new stake in shares of SPDR Bloomberg Convertible Securities ETF during the fourth quarter valued at about $534,000. Finally, Emissary Wealth LLC bought a new stake in shares of SPDR Bloomberg Convertible Securities ETF in the 4th quarter valued at about $2,462,000.

SPDR Bloomberg Convertible Securities ETF Stock Up 0.3%

Shares of SPDR Bloomberg Convertible Securities ETF stock opened at $104.00 on Thursday. The firm’s 50 day moving average price is $106.07 and its 200-day moving average price is $99.14. SPDR Bloomberg Convertible Securities ETF has a 52-week low of $83.18 and a 52-week high of $112.02.

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.