Wealth Enhancement Advisory Services LLC Purchases 12,758 Shares of SPDR Bloomberg Convertible Securities ETF $CWB

Wealth Enhancement Advisory Services LLC increased its position in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 6.2% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 217,865 shares of the exchange traded fund’s stock after purchasing an additional 12,758 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in SPDR Bloomberg Convertible Securities ETF were worth $20,035,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Northwestern Mutual Wealth Management Co. raised its holdings in SPDR Bloomberg Convertible Securities ETF by 12.0% during 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 buying an additional 69,970 shares during the last quarter. Ocean Park Asset Management LLC bought a new stake in shares of SPDR Bloomberg Convertible Securities ETF during the third quarter worth about $51,928,000. Goodman Advisory Group LLC acquired a new stake in shares of SPDR Bloomberg Convertible Securities ETF in the 2nd quarter worth about $41,164,000. H&H Retirement Design & Management INC lifted its position in SPDR Bloomberg Convertible Securities ETF by 7.3% in the 2nd quarter. H&H Retirement Design & Management INC now owns 410,452 shares of the exchange traded fund’s stock valued at $34,872,000 after acquiring an additional 27,962 shares in the last quarter. Finally, Raymond James Financial Inc. boosted its stake in SPDR Bloomberg Convertible Securities ETF by 7.4% during the 2nd quarter. Raymond James Financial Inc. now owns 362,992 shares of the exchange traded fund’s stock valued at $30,005,000 after purchasing an additional 25,039 shares during the last quarter.

SPDR Bloomberg Convertible Securities ETF Price Performance

Shares of CWB opened at $93.84 on Thursday. SPDR Bloomberg Convertible Securities ETF has a 52 week low of $70.56 and a 52 week high of $94.94. The stock has a 50 day moving average price of $90.48 and a two-hundred day moving average price of $89.02.

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. 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.