Arrow Investment Advisors LLC reduced its stake in shares of SPDR Barclays Capital Convertible SecETF (NYSE:CWB) by 9.3% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 102,103 shares of the exchange traded fund’s stock after selling 10,438 shares during the period. SPDR Barclays Capital Convertible SecETF accounts for approximately 1.4% of Arrow Investment Advisors LLC’s investment portfolio, making the stock its 15th biggest position. Arrow Investment Advisors LLC’s holdings in SPDR Barclays Capital Convertible SecETF were worth $5,066,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the stock. Bank Hapoalim BM raised its position in SPDR Barclays Capital Convertible SecETF by 20.1% during the 2nd quarter. Bank Hapoalim BM now owns 5,845 shares of the exchange traded fund’s stock worth $290,000 after purchasing an additional 980 shares during the last quarter. Alken Asset Management Ltd. bought a new position in SPDR Barclays Capital Convertible SecETF during the 2nd quarter worth $118,000. PNC Financial Services Group Inc. raised its position in SPDR Barclays Capital Convertible SecETF by 17.1% during the 2nd quarter. PNC Financial Services Group Inc. now owns 1,156,434 shares of the exchange traded fund’s stock worth $57,382,000 after purchasing an additional 168,681 shares during the last quarter. HMS Capital Management LLC raised its position in SPDR Barclays Capital Convertible SecETF by 7.3% during the 2nd quarter. HMS Capital Management LLC now owns 9,588 shares of the exchange traded fund’s stock worth $476,000 after purchasing an additional 649 shares during the last quarter. Finally, Investment Centers of America Inc. raised its position in SPDR Barclays Capital Convertible SecETF by 13.7% during the 2nd quarter. Investment Centers of America Inc. now owns 49,682 shares of the exchange traded fund’s stock worth $2,467,000 after purchasing an additional 5,997 shares during the last quarter.

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Shares of SPDR Barclays Capital Convertible SecETF (NYSE CWB) traded up 0.4213% on Monday, reaching $51.5061. The company had a trading volume of 204,322 shares. SPDR Barclays Capital Convertible SecETF has a one year low of $44.20 and a one year high of $51.63. The company’s 50-day moving average is $50.61 and its 200-day moving average is $49.33.

The firm also recently declared a monthly dividend, which was paid on Tuesday, September 12th. Shareholders of record on Wednesday, September 6th were paid a $0.2019 dividend. The ex-dividend date was Friday, September 1st. This is an increase from SPDR Barclays Capital Convertible SecETF’s previous monthly dividend of $0.08. This represents a $2.42 annualized dividend and a yield of 4.72%.

SPDR Barclays Capital Convertible SecETF 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.

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

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