6,932 Shares in SPDR Bloomberg Convertible Securities ETF $CWB Acquired by Gateway Wealth Partners LLC

Gateway Wealth Partners LLC acquired a new stake in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) during the first quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 6,932 shares of the exchange traded fund’s stock, valued at approximately $634,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in CWB. Money Concepts Capital Corp boosted its position in shares of SPDR Bloomberg Convertible Securities ETF by 3.5% in the fourth quarter. Money Concepts Capital Corp now owns 3,343 shares of the exchange traded fund’s stock valued at $298,000 after acquiring an additional 112 shares during the period. Chicago Partners Investment Group LLC grew its stake in shares of SPDR Bloomberg Convertible Securities ETF by 0.3% in the fourth quarter. Chicago Partners Investment Group LLC now owns 45,855 shares of the exchange traded fund’s stock valued at $4,305,000 after acquiring an additional 125 shares in the last quarter. Powell Investment Advisors LLC increased its position in SPDR Bloomberg Convertible Securities ETF by 0.4% during the fourth quarter. Powell Investment Advisors LLC now owns 30,662 shares of the exchange traded fund’s stock worth $2,735,000 after acquiring an additional 133 shares during the period. Mercer Global Advisors Inc. ADV increased its position in SPDR Bloomberg Convertible Securities ETF by 0.8% during the third quarter. Mercer Global Advisors Inc. ADV now owns 18,237 shares of the exchange traded fund’s stock worth $1,650,000 after acquiring an additional 146 shares during the period. Finally, BridgePort Financial Solutions LLC increased its position in SPDR Bloomberg Convertible Securities ETF by 1.6% during the fourth quarter. BridgePort Financial Solutions LLC now owns 12,255 shares of the exchange traded fund’s stock worth $1,093,000 after acquiring an additional 191 shares during the period.

SPDR Bloomberg Convertible Securities ETF Trading Up 3.2%

Shares of SPDR Bloomberg Convertible Securities ETF stock opened at $101.49 on Friday. SPDR Bloomberg Convertible Securities ETF has a twelve month low of $83.18 and a twelve month high of $112.02. The company has a 50-day simple moving average of $105.69 and a two-hundred day simple moving average of $99.53.

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.