Wealth Enhancement Advisory Services LLC Has $22.15 Million Stock Holdings in SPDR Bloomberg Convertible Securities ETF $CWB

Wealth Enhancement Advisory Services LLC boosted its stake in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 9.7% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 238,919 shares of the exchange traded fund’s stock after buying an additional 21,054 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in SPDR Bloomberg Convertible Securities ETF were worth $22,145,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. Caldwell Trust Co acquired a new stake in SPDR Bloomberg Convertible Securities ETF during the second quarter worth approximately $33,000. Mather Group LLC. acquired a new position in shares of SPDR Bloomberg Convertible Securities ETF in the third quarter valued at approximately $35,000. Glassy Mountain Advisors Inc. bought a new position in shares of SPDR Bloomberg Convertible Securities ETF during the third quarter worth approximately $52,000. Harbor Investment Advisory LLC bought a new position in shares of SPDR Bloomberg Convertible Securities ETF during the fourth quarter worth approximately $53,000. Finally, Country Trust Bank acquired a new stake in SPDR Bloomberg Convertible Securities ETF during the 2nd quarter worth approximately $80,000.

SPDR Bloomberg Convertible Securities ETF Stock Performance

CWB opened at $92.97 on Wednesday. The business has a fifty day simple moving average of $93.81 and a 200 day simple moving average of $91.79. SPDR Bloomberg Convertible Securities ETF has a 1 year low of $70.56 and a 1 year high of $96.17.

SPDR Bloomberg Convertible Securities ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were given a $0.1465 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This is a boost from SPDR Bloomberg Convertible Securities ETF’s previous monthly dividend of $0.09. This represents a c) dividend on an annualized basis and a dividend yield of 1.9%.

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.