Northwestern Mutual Wealth Management Co. raised its stake in SPDR Barclays Capital Convertible SecETF (NYSE:CWB) by 35.0% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 122,848 shares of the exchange traded fund’s stock after buying an additional 31,850 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in SPDR Barclays Capital Convertible SecETF were worth $6,096,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Wells Fargo & Company MN increased its holdings in shares of SPDR Barclays Capital Convertible SecETF by 14.2% in the second quarter. Wells Fargo & Company MN now owns 2,327,829 shares of the exchange traded fund’s stock valued at $115,507,000 after buying an additional 288,645 shares in the last quarter. Prudential Financial Inc. increased its holdings in shares of SPDR Barclays Capital Convertible SecETF by 2.3% in the second quarter. Prudential Financial Inc. now owns 804,442 shares of the exchange traded fund’s stock valued at $39,916,000 after buying an additional 18,200 shares in the last quarter. Polaris Greystone Financial Group LLC increased its holdings in shares of SPDR Barclays Capital Convertible SecETF by 8.1% in the second quarter. Polaris Greystone Financial Group LLC now owns 621,801 shares of the exchange traded fund’s stock valued at $30,854,000 after buying an additional 46,505 shares in the last quarter. Pictet North America Advisors SA increased its holdings in shares of SPDR Barclays Capital Convertible SecETF by 0.5% in the second quarter. Pictet North America Advisors SA now owns 400,172 shares of the exchange traded fund’s stock valued at $19,857,000 after buying an additional 1,924 shares in the last quarter. Finally, Goelzer Investment Management Inc. increased its holdings in shares of SPDR Barclays Capital Convertible SecETF by 3.2% in the second quarter. Goelzer Investment Management Inc. now owns 322,804 shares of the exchange traded fund’s stock valued at $16,018,000 after buying an additional 10,086 shares in the last quarter.

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SPDR Barclays Capital Convertible SecETF (NYSE CWB) traded up 1.03% on Monday, hitting $51.09. The company’s stock had a trading volume of 231,825 shares. The company has a 50 day moving average price of $50.57 and a 200-day moving average price of $49.23. 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 declared a monthly dividend, which will be paid on Tuesday, September 12th. Investors of record on Wednesday, September 6th will be given a dividend of $0.2019 per share. The ex-dividend date of this dividend is Friday, September 1st. This represents a $2.42 annualized dividend and a yield of 4.79%. This is a positive change from SPDR Barclays Capital Convertible SecETF’s previous monthly dividend of $0.08.

SPDR Barclays Capital Convertible SecETF 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.

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

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