Beaumont Financial Partners LLC purchased a new position in SPDR Barclays Capital Convertible SecETF (NYSE:CWB) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 53,412 shares of the exchange traded fund’s stock, valued at approximately $2,650,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Alken Asset Management Ltd. acquired a new stake in SPDR Barclays Capital Convertible SecETF in the second quarter worth about $118,000. UBS Asset Management Americas Inc. boosted its holdings in SPDR Barclays Capital Convertible SecETF by 12.3% in the second quarter. UBS Asset Management Americas Inc. now owns 2,680 shares of the exchange traded fund’s stock worth $133,000 after acquiring an additional 293 shares in the last quarter. Cutler Capital Management LLC boosted its holdings 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 worth $183,000 after acquiring an additional 184 shares in the last quarter. Sequoia Financial Advisors LLC acquired a new stake in SPDR Barclays Capital Convertible SecETF in the second quarter worth about $208,000. Finally, Cullen Frost Bankers Inc. boosted its holdings in SPDR Barclays Capital Convertible SecETF by 1.2% in the second quarter. Cullen Frost Bankers Inc. now owns 4,743 shares of the exchange traded fund’s stock worth $235,000 after acquiring an additional 55 shares in the last quarter.

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Shares of SPDR Barclays Capital Convertible SecETF (CWB) remained flat at $51.42 on Tuesday. The stock had a trading volume of 229,020 shares. The stock has a 50-day moving average price of $50.61 and a 200-day moving average price of $49.38. SPDR Barclays Capital Convertible SecETF has a 52-week low of $44.20 and a 52-week high of $51.68.

The company also recently announced a monthly dividend, which was paid on Tuesday, September 12th. Investors of record on Wednesday, September 6th were given a $0.2019 dividend. The ex-dividend date was Friday, September 1st. This is a boost from SPDR Barclays Capital Convertible SecETF’s previous monthly dividend of $0.08. This represents a $2.42 dividend on an annualized basis and a dividend yield of 4.71%.

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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