Silver Oak Securities Incorporated increased its holdings in shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB – Free Report) by 234.2% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,320 shares of the exchange traded fund’s stock after buying an additional 12,138 shares during the quarter. Silver Oak Securities Incorporated’s holdings in SPDR Bloomberg Convertible Securities ETF were worth $1,567,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors have also recently bought and sold shares of CWB. Ocean Park Asset Management LLC acquired a new stake in SPDR Bloomberg Convertible Securities ETF during the 3rd quarter worth about $51,928,000. Goodman Advisory Group LLC acquired a new position in shares of SPDR Bloomberg Convertible Securities ETF in the 2nd quarter valued at about $41,164,000. RWA Wealth Partners LLC lifted its position in shares of SPDR Bloomberg Convertible Securities ETF by 1,917.3% in the second quarter. RWA Wealth Partners LLC now owns 75,628 shares of the exchange traded fund’s stock worth $6,251,000 after purchasing an additional 71,879 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in shares of SPDR Bloomberg Convertible Securities ETF by 12.0% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 655,027 shares of the exchange traded fund’s stock worth $54,145,000 after purchasing an additional 69,970 shares in the last quarter. Finally, B. Riley Wealth Advisors Inc. acquired a new stake in shares of SPDR Bloomberg Convertible Securities ETF during the second quarter worth approximately $5,260,000.
SPDR Bloomberg Convertible Securities ETF Stock Up 1.5%
Shares of CWB opened at $90.55 on Friday. The company’s 50 day moving average price is $90.36 and its 200 day moving average price is $87.96. SPDR Bloomberg Convertible Securities ETF has a 52 week low of $70.56 and a 52 week high of $94.94.
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.
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