DV Trading LLC Buys New Stake in SPDR Bloomberg Convertible Securities ETF $CWB

DV Trading LLC purchased a new stake in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) during the first quarter, HoldingsChannel.com reports. The fund purchased 22,265 shares of the exchange traded fund’s stock, valued at approximately $2,038,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. High Point Wealth Management LLC purchased a new stake in SPDR Bloomberg Convertible Securities ETF in the 4th quarter worth $26,000. Arax Advisory Partners purchased a new position in shares of SPDR Bloomberg Convertible Securities ETF during the fourth quarter valued at about $30,000. Annis Gardner Whiting Capital Advisors LLC purchased a new position in shares of SPDR Bloomberg Convertible Securities ETF during the fourth quarter valued at about $36,000. Western Wealth Management LLC bought a new stake in shares of SPDR Bloomberg Convertible Securities ETF in the first quarter worth about $38,000. Finally, Copia Wealth Management bought a new stake in shares of SPDR Bloomberg Convertible Securities ETF in the fourth quarter worth about $43,000.

SPDR Bloomberg Convertible Securities ETF Trading Up 0.4%

NYSEARCA:CWB opened at $101.85 on Friday. SPDR Bloomberg Convertible Securities ETF has a 12 month low of $83.18 and a 12 month high of $112.02. The business’s 50-day moving average is $105.62 and its 200 day moving average is $99.55.

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.