SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) Sees Unusually-High Trading Volume

Shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) saw an uptick in trading volume on Friday . 560,192 shares traded hands during trading, an increase of 1% from the previous session’s volume of 552,417 shares.The stock last traded at $71.16 and had previously closed at $70.57.

SPDR Bloomberg Convertible Securities ETF Price Performance

The business has a 50 day simple moving average of $71.61 and a two-hundred day simple moving average of $70.22.

Institutional Investors Weigh In On SPDR Bloomberg Convertible Securities ETF

Institutional investors have recently added to or reduced their stakes in the business. Waldron Private Wealth LLC raised its stake in shares of SPDR Bloomberg Convertible Securities ETF by 2.8% during the 3rd quarter. Waldron Private Wealth LLC now owns 233,422 shares of the exchange traded fund’s stock valued at $15,826,000 after buying an additional 6,451 shares during the last quarter. NewSquare Capital LLC increased its position in shares of SPDR Bloomberg Convertible Securities ETF by 349,106.3% in the third quarter. NewSquare Capital LLC now owns 111,746 shares of the exchange traded fund’s stock valued at $7,576,000 after buying an additional 111,714 shares in the last quarter. ORG Partners LLC purchased a new stake in shares of SPDR Bloomberg Convertible Securities ETF in the third quarter valued at about $50,000. NBC Securities Inc. purchased a new stake in shares of SPDR Bloomberg Convertible Securities ETF in the 3rd quarter valued at about $277,000. Finally, Advisors Preferred LLC increased its holdings in shares of SPDR Bloomberg Convertible Securities ETF by 38.2% in the 3rd quarter. Advisors Preferred LLC now owns 182,429 shares of the exchange traded fund’s stock valued at $12,298,000 after acquiring an additional 50,463 shares during the period.

About SPDR Bloomberg Convertible Securities ETF

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.