Horizon Investments LLC cut its holdings in shares of SPDR Barclays Capital Convertible SecETF (NYSE:CWB) by 3.8% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 425,461 shares of the exchange traded fund’s stock after selling 16,607 shares during the quarter. SPDR Barclays Capital Convertible SecETF comprises approximately 1.2% of Horizon Investments LLC’s portfolio, making the stock its 19th biggest holding. Horizon Investments LLC’s holdings in SPDR Barclays Capital Convertible SecETF were worth $20,741,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Benjamin F. Edwards & Company Inc. lifted its position in SPDR Barclays Capital Convertible SecETF by 0.3% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 9,033 shares of the exchange traded fund’s stock worth $448,000 after buying an additional 23 shares during the period. Cullen Frost Bankers Inc. lifted its position in SPDR Barclays Capital Convertible SecETF by 1.2% during the second quarter. Cullen Frost Bankers Inc. now owns 4,743 shares of the exchange traded fund’s stock worth $235,000 after buying an additional 55 shares during the period. Cutler Capital Management LLC lifted its position in SPDR Barclays Capital Convertible SecETF by 5.3% during the second quarter. Cutler Capital Management LLC now owns 3,680 shares of the exchange traded fund’s stock worth $183,000 after buying an additional 184 shares during the period. New England Private Wealth Advisors LLC lifted its position in SPDR Barclays Capital Convertible SecETF by 0.5% during the second quarter. New England Private Wealth Advisors LLC now owns 42,709 shares of the exchange traded fund’s stock worth $2,120,000 after buying an additional 206 shares during the period. Finally, UBS Asset Management Americas Inc. lifted its position in SPDR Barclays Capital Convertible SecETF by 12.3% during the second quarter. UBS Asset Management Americas Inc. now owns 2,680 shares of the exchange traded fund’s stock worth $133,000 after buying an additional 293 shares during the period.

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SPDR Barclays Capital Convertible SecETF (NYSE CWB) traded up 0.096% during trading on Friday, reaching $51.039. The company had a trading volume of 613,661 shares. The stock has a 50 day moving average price of $50.62 and a 200 day moving average price of $49.40. SPDR Barclays Capital Convertible SecETF has a 12 month low of $44.20 and a 12 month high of $51.68.

The firm also recently announced a monthly dividend, which was paid on Tuesday, September 12th. Stockholders of record on Wednesday, September 6th were given a $0.2019 dividend. This represents a $2.42 annualized dividend and a dividend yield of 4.75%. The ex-dividend date of this dividend was Friday, September 1st. This is a boost 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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