Potomac Fund Management Inc. ADV Has $22.82 Million Stock Holdings in SPDR Bloomberg Convertible Securities ETF $CWB

Potomac Fund Management Inc. ADV decreased its holdings in shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 45.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 255,798 shares of the exchange traded fund’s stock after selling 214,240 shares during the quarter. SPDR Bloomberg Convertible Securities ETF accounts for approximately 0.8% of Potomac Fund Management Inc. ADV’s holdings, making the stock its 15th biggest position. Potomac Fund Management Inc. ADV owned approximately 0.47% of SPDR Bloomberg Convertible Securities ETF worth $22,817,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the business. Stablepoint Partners LLC boosted its position in SPDR Bloomberg Convertible Securities ETF by 1.2% during the 4th quarter. Stablepoint Partners LLC now owns 9,164 shares of the exchange traded fund’s stock worth $817,000 after acquiring an additional 111 shares during the period. Money Concepts Capital Corp lifted its position in shares of SPDR Bloomberg Convertible Securities ETF by 3.5% in the fourth quarter. Money Concepts Capital Corp now owns 3,343 shares of the exchange traded fund’s stock worth $298,000 after purchasing an additional 112 shares in the last quarter. Intrust Bank NA boosted its holdings in shares of SPDR Bloomberg Convertible Securities ETF by 1.2% during the third quarter. Intrust Bank NA now owns 10,725 shares of the exchange traded fund’s stock worth $971,000 after purchasing an additional 125 shares during the period. Chicago Partners Investment Group LLC boosted its holdings in shares of SPDR Bloomberg Convertible Securities ETF by 0.3% during the fourth quarter. Chicago Partners Investment Group LLC now owns 45,855 shares of the exchange traded fund’s stock worth $4,305,000 after purchasing an additional 125 shares during the period. Finally, Powell Investment Advisors LLC grew its position in SPDR Bloomberg Convertible Securities ETF by 0.4% during the fourth quarter. Powell Investment Advisors LLC now owns 30,662 shares of the exchange traded fund’s stock valued at $2,735,000 after purchasing an additional 133 shares in the last quarter.

SPDR Bloomberg Convertible Securities ETF Stock Performance

SPDR Bloomberg Convertible Securities ETF stock opened at $106.88 on Monday. The firm’s 50 day moving average price is $102.70 and its two-hundred day moving average price is $96.00. SPDR Bloomberg Convertible Securities ETF has a twelve month low of $80.00 and a twelve month high of $112.02.

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.