Brighton Jones LLC lifted its stake in shares of SPDR Barclays Capital Convertible SecETF (NYSEARCA:CWB) by 12.7% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 12,869 shares of the exchange traded fund’s stock after buying an additional 1,450 shares during the period. Brighton Jones LLC’s holdings in SPDR Barclays Capital Convertible SecETF were worth $651,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in CWB. UBS Asset Management Americas Inc. increased its position in shares of 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 valued at $133,000 after buying an additional 293 shares during the period. Virtu KCG Holdings LLC purchased a new position in shares of SPDR Barclays Capital Convertible SecETF during the second quarter valued at about $315,000. The Manufacturers Life Insurance Company increased its position in shares of SPDR Barclays Capital Convertible SecETF by 586.0% during the second quarter. The Manufacturers Life Insurance Company now owns 4,768 shares of the exchange traded fund’s stock valued at $237,000 after buying an additional 4,073 shares during the period. National Asset Management Inc. increased its position in shares of SPDR Barclays Capital Convertible SecETF by 26.7% during the second quarter. National Asset Management Inc. now owns 6,194 shares of the exchange traded fund’s stock valued at $308,000 after buying an additional 1,304 shares during the period. Finally, Advisory Services Network LLC increased its position in shares of SPDR Barclays Capital Convertible SecETF by 54.5% during the second quarter. Advisory Services Network LLC now owns 2,907 shares of the exchange traded fund’s stock valued at $144,000 after buying an additional 1,025 shares during the period.

Shares of SPDR Barclays Capital Convertible SecETF (CWB) opened at $50.27 on Tuesday. SPDR Barclays Capital Convertible SecETF has a 52 week low of $47.03 and a 52 week high of $53.73.

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, February 7th. Investors of record on Friday, February 2nd were paid a dividend of $0.0819 per share. This represents a $0.98 annualized dividend and a yield of 1.96%. The ex-dividend date of this dividend was Thursday, February 1st.

Several equities analysts recently issued reports on the stock. Canaccord Genuity reiterated a “hold” rating and set a $33.00 price target on shares of SPDR Barclays Capital Convertible SecETF in a research report on Tuesday, October 31st. Scotiabank reissued a “buy” rating and set a $42.00 price objective on shares of SPDR Barclays Capital Convertible SecETF in a research note on Wednesday, November 22nd. Finally, BMO Capital Markets reissued a “hold” rating and set a $33.00 price objective on shares of SPDR Barclays Capital Convertible SecETF in a research note on Wednesday, November 15th.

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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.

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 (NYSEARCA:CWB).

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

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