Farmers & Merchants Trust Co of Chambersburg PA Takes Position in SPDR Bloomberg Convertible Securities ETF $CWB

Farmers & Merchants Trust Co of Chambersburg PA bought a new stake in shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 604 shares of the exchange traded fund’s stock, valued at approximately $50,000.

Several other institutional investors also recently made changes to their positions in the stock. Ameriprise Financial Inc. grew its holdings in shares of SPDR Bloomberg Convertible Securities ETF by 34.1% during the first quarter. Ameriprise Financial Inc. now owns 1,345,622 shares of the exchange traded fund’s stock valued at $103,121,000 after purchasing an additional 341,981 shares during the last quarter. Delta Capital Management LLC grew its holdings in shares of SPDR Bloomberg Convertible Securities ETF by 1.4% during the first quarter. Delta Capital Management LLC now owns 1,086,000 shares of the exchange traded fund’s stock valued at $83,209,000 after purchasing an additional 15,000 shares during the last quarter. Cambridge Investment Research Advisors Inc. grew its holdings in shares of SPDR Bloomberg Convertible Securities ETF by 3.0% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 265,839 shares of the exchange traded fund’s stock valued at $20,369,000 after purchasing an additional 7,825 shares during the last quarter. Janney Montgomery Scott LLC grew its holdings in shares of SPDR Bloomberg Convertible Securities ETF by 0.5% during the first quarter. Janney Montgomery Scott LLC now owns 155,479 shares of the exchange traded fund’s stock valued at $11,913,000 after purchasing an additional 732 shares during the last quarter. Finally, Lifestyle Asset Management Inc. grew its holdings in shares of SPDR Bloomberg Convertible Securities ETF by 11.3% during the second quarter. Lifestyle Asset Management Inc. now owns 114,878 shares of the exchange traded fund’s stock valued at $9,496,000 after purchasing an additional 11,649 shares during the last quarter.

SPDR Bloomberg Convertible Securities ETF Stock Up 0.2%

NYSEARCA:CWB opened at $89.23 on Thursday. The stock has a 50 day moving average of $85.64 and a 200-day moving average of $80.97. SPDR Bloomberg Convertible Securities ETF has a 52 week low of $70.56 and a 52 week high of $89.49.

SPDR Bloomberg 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.