Tradewinds Capital Management LLC acquired a new stake in shares of SPDR Barclays Capital Convertible SecETF (NYSE:CWB) during the second quarter, Holdings Channel reports. The institutional investor acquired 204,544 shares of the exchange traded fund’s stock, valued at approximately $10,149,000. SPDR Barclays Capital Convertible SecETF comprises 5.3% of Tradewinds Capital Management LLC’s holdings, making the stock its 3rd largest position.

A number of other institutional investors have also recently bought and sold shares of the stock. Greenleaf Trust purchased a new position in SPDR Barclays Capital Convertible SecETF during the second quarter valued at approximately $1,144,000. Wellington Shields Capital Management LLC increased its position in SPDR Barclays Capital Convertible SecETF by 4.5% in the second quarter. Wellington Shields Capital Management LLC now owns 12,608 shares of the exchange traded fund’s stock valued at $626,000 after buying an additional 540 shares during the last quarter. Boston Advisors LLC increased its position in SPDR Barclays Capital Convertible SecETF by 32.6% in the second quarter. Boston Advisors LLC now owns 5,810 shares of the exchange traded fund’s stock valued at $288,000 after buying an additional 1,430 shares during the last quarter. Montecito Bank & Trust increased its position in SPDR Barclays Capital Convertible SecETF by 6.1% in the second quarter. Montecito Bank & Trust now owns 238,364 shares of the exchange traded fund’s stock valued at $11,828,000 after buying an additional 13,612 shares during the last quarter. Finally, Cutler Capital Management LLC increased its position in SPDR Barclays Capital Convertible SecETF by 5.3% in the second quarter. Cutler Capital Management LLC now owns 3,680 shares of the exchange traded fund’s stock valued at $183,000 after buying an additional 184 shares during the last quarter.

SPDR Barclays Capital Convertible SecETF (NYSE CWB) opened at 50.35 on Thursday. The company has a 50-day moving average price of $50.40 and a 200 day moving average price of $48.78. SPDR Barclays Capital Convertible SecETF has a 1-year low of $44.20 and a 1-year high of $51.63.

The business also recently announced a monthly dividend, which was paid on Wednesday, August 9th. Investors of record on Thursday, August 3rd were issued a $0.0779 dividend. This represents a $0.94 annualized dividend and a yield of 1.86%. The ex-dividend date was Tuesday, August 1st.

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About SPDR Barclays Capital Convertible SecETF

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.

Want to see what other hedge funds are holding CWB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Barclays Capital Convertible SecETF (NYSE:CWB).

Institutional Ownership by Quarter for SPDR Barclays Capital Convertible SecETF (NYSE:CWB)

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