Waldron Private Wealth LLC Reduces Stake in SPDR Bloomberg Convertible Securities ETF $CWB

Waldron Private Wealth LLC lessened its holdings in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 4.7% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 190,822 shares of the exchange traded fund’s stock after selling 9,452 shares during the period. Waldron Private Wealth LLC’s holdings in SPDR Bloomberg Convertible Securities ETF were worth $17,269,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of CWB. Nvwm LLC increased its stake in shares of SPDR Bloomberg Convertible Securities ETF by 4.6% in the third quarter. Nvwm LLC now owns 2,772 shares of the exchange traded fund’s stock worth $251,000 after acquiring an additional 121 shares during the period. Austin Private Wealth LLC boosted its holdings in SPDR Bloomberg Convertible Securities ETF by 4.9% in the second quarter. Austin Private Wealth LLC now owns 3,254 shares of the exchange traded fund’s stock valued at $269,000 after purchasing an additional 151 shares during the last quarter. Hazlett Burt & Watson Inc. grew its position in SPDR Bloomberg Convertible Securities ETF by 11.0% during the 2nd quarter. Hazlett Burt & Watson Inc. now owns 1,529 shares of the exchange traded fund’s stock worth $124,000 after purchasing an additional 152 shares during the period. Avidian Wealth Enterprises LLC raised its stake in shares of SPDR Bloomberg Convertible Securities ETF by 3.3% during the 2nd quarter. Avidian Wealth Enterprises LLC now owns 4,949 shares of the exchange traded fund’s stock valued at $409,000 after buying an additional 157 shares during the last quarter. Finally, Farrell Financial LLC lifted its holdings in shares of SPDR Bloomberg Convertible Securities ETF by 1.2% in the 2nd quarter. Farrell Financial LLC now owns 13,252 shares of the exchange traded fund’s stock valued at $1,095,000 after buying an additional 159 shares during the period.

SPDR Bloomberg Convertible Securities ETF Stock Performance

Shares of CWB opened at $93.56 on Wednesday. The stock’s 50-day moving average price is $90.43 and its 200-day moving average price is $88.99. SPDR Bloomberg Convertible Securities ETF has a 52 week low of $70.56 and a 52 week high of $94.94.

SPDR Bloomberg Convertible Securities ETF 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. Convertible Bond >$500MM Index (the Index), the Fund employs a sampling strategy, which means that the Fund is not required to purchase all of the securities represented in the Index.