SPDR Bloomberg Convertible Securities ETF $CWB Position Decreased by One Wealth Map LLC

One Wealth Map LLC lowered its holdings in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 2.6% in the third quarter, Holdings Channel.com reports. The firm owned 399,801 shares of the exchange traded fund’s stock after selling 10,651 shares during the period. SPDR Bloomberg Convertible Securities ETF accounts for 19.7% of One Wealth Map LLC’s investment portfolio, making the stock its largest holding. One Wealth Map LLC’s holdings in SPDR Bloomberg Convertible Securities ETF were worth $37,022,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Ocean Park Asset Management LLC purchased a new position in SPDR Bloomberg Convertible Securities ETF during the third quarter worth about $51,928,000. Goodman Advisory Group LLC acquired a new position in shares of SPDR Bloomberg Convertible Securities ETF during the 2nd quarter valued at about $41,164,000. Estate Counselors LLC purchased a new position in shares of SPDR Bloomberg Convertible Securities ETF during the 3rd quarter worth about $11,647,000. RWA Wealth Partners LLC lifted its holdings in shares of SPDR Bloomberg Convertible Securities ETF by 1,917.3% during the 2nd quarter. RWA Wealth Partners LLC now owns 75,628 shares of the exchange traded fund’s stock worth $6,251,000 after acquiring an additional 71,879 shares during the period. Finally, Northwestern Mutual Wealth Management Co. boosted its position in shares of SPDR Bloomberg Convertible Securities ETF by 12.0% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 655,027 shares of the exchange traded fund’s stock worth $54,145,000 after acquiring an additional 69,970 shares during the last quarter.

SPDR Bloomberg Convertible Securities ETF Stock Performance

SPDR Bloomberg Convertible Securities ETF stock opened at $93.04 on Friday. SPDR Bloomberg Convertible Securities ETF has a 1 year low of $70.56 and a 1 year high of $96.17. The firm has a 50 day moving average price of $93.39 and a 200 day moving average price of $91.07.

SPDR Bloomberg Convertible Securities ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were paid a dividend of $0.1465 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 1.9%. This is a boost from SPDR Bloomberg Convertible Securities ETF’s previous monthly dividend of $0.09.

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. 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.