Estate Counselors LLC Acquires 96,844 Shares of SPDR Bloomberg Convertible Securities ETF $CWB

Estate Counselors LLC grew its holdings in shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 72.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 230,144 shares of the exchange traded fund’s stock after purchasing an additional 96,844 shares during the period. SPDR Bloomberg Convertible Securities ETF makes up about 1.9% of Estate Counselors LLC’s portfolio, making the stock its 8th biggest holding. Estate Counselors LLC owned about 0.41% of SPDR Bloomberg Convertible Securities ETF worth $21,063,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. High Point Wealth Management LLC acquired a new position in SPDR Bloomberg Convertible Securities ETF during the 4th quarter valued at about $26,000. Arax Advisory Partners acquired a new stake in SPDR Bloomberg Convertible Securities ETF in the fourth quarter worth about $30,000. Annis Gardner Whiting Capital Advisors LLC acquired a new stake in SPDR Bloomberg Convertible Securities ETF in the fourth quarter worth about $36,000. Highline Wealth Partners LLC purchased a new stake in shares of SPDR Bloomberg Convertible Securities ETF during the fourth quarter worth about $39,000. Finally, Copia Wealth Management purchased a new stake in shares of SPDR Bloomberg Convertible Securities ETF during the fourth quarter worth about $43,000.

SPDR Bloomberg Convertible Securities ETF Stock Performance

CWB opened at $101.34 on Tuesday. The firm’s 50-day moving average price is $105.91 and its 200-day moving average price is $99.36. SPDR Bloomberg Convertible Securities ETF has a 52-week low of $83.18 and a 52-week high of $112.02.

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.