D.B. Root & Company LLC lessened its stake in SPDR Bloomberg Barclays Convertible Securities ETF (NYSEARCA:CWB) by 3.3% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 13,500 shares of the exchange traded fund’s stock after selling 456 shares during the period. D.B. Root & Company LLC’s holdings in SPDR Bloomberg Barclays Convertible Securities ETF were worth $749,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of CWB. Cribstone Capital Management LLC purchased a new stake in SPDR Bloomberg Barclays Convertible Securities ETF in the 3rd quarter valued at approximately $33,000. HM Payson & Co. purchased a new stake in SPDR Bloomberg Barclays Convertible Securities ETF in the 2nd quarter valued at approximately $43,000. Thor Advisors LLC purchased a new stake in SPDR Bloomberg Barclays Convertible Securities ETF in the 3rd quarter valued at approximately $55,000. Creative Financial Designs Inc. ADV boosted its holdings in SPDR Bloomberg Barclays Convertible Securities ETF by 1,171.7% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 1,170 shares of the exchange traded fund’s stock valued at $60,000 after purchasing an additional 1,078 shares in the last quarter. Finally, M&R Capital Management Inc. boosted its holdings in SPDR Bloomberg Barclays Convertible Securities ETF by 50.0% in the 3rd quarter. M&R Capital Management Inc. now owns 1,500 shares of the exchange traded fund’s stock valued at $78,000 after purchasing an additional 500 shares in the last quarter.

CWB traded up $0.12 during trading on Tuesday, reaching $57.26. The company’s stock had a trading volume of 35,024 shares, compared to its average volume of 917,750. SPDR Bloomberg Barclays Convertible Securities ETF has a 52-week low of $48.35 and a 52-week high of $57.19. The company’s fifty day moving average price is $55.33 and its 200-day moving average price is $53.62.

The company also recently declared a monthly dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were paid a dividend of $0.7069 per share. This is a positive change from SPDR Bloomberg Barclays Convertible Securities ETF’s previous monthly dividend of $0.08. The ex-dividend date was Friday, December 20th. This represents a $8.48 annualized dividend and a dividend yield of 14.81%.

SPDR Bloomberg Barclays 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.

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Institutional Ownership by Quarter for SPDR Bloomberg Barclays Convertible Securities ETF (NYSEARCA:CWB)

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