SPDR Bloomberg Convertible Securities ETF $CWB Shares Acquired by LPL Financial LLC

LPL Financial LLC raised its position in shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 2.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,578,806 shares of the exchange traded fund’s stock after acquiring an additional 35,217 shares during the quarter. LPL Financial LLC owned approximately 2.92% of SPDR Bloomberg Convertible Securities ETF worth $140,830,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. High Point Wealth Management LLC acquired a new position in shares of SPDR Bloomberg Convertible Securities ETF during the fourth quarter valued at approximately $26,000. Annis Gardner Whiting Capital Advisors LLC acquired a new position in shares of SPDR Bloomberg Convertible Securities ETF during the fourth quarter valued at approximately $36,000. Highline Wealth Partners LLC acquired a new position in shares of SPDR Bloomberg Convertible Securities ETF during the fourth quarter valued at approximately $39,000. Copia Wealth Management acquired a new position in shares of SPDR Bloomberg Convertible Securities ETF during the fourth quarter valued at approximately $43,000. Finally, Glassy Mountain Advisors Inc. acquired a new position in shares of SPDR Bloomberg Convertible Securities ETF during the third quarter valued at approximately $52,000.

SPDR Bloomberg Convertible Securities ETF Price Performance

Shares of SPDR Bloomberg Convertible Securities ETF stock opened at $103.36 on Thursday. The business has a 50 day simple moving average of $102.13 and a two-hundred day simple moving average of $95.74. SPDR Bloomberg Convertible Securities ETF has a 12 month low of $80.00 and a 12 month high of $112.02.

SPDR Bloomberg Convertible Securities ETF 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.