Kestra Advisory Services LLC Purchases 40,915 Shares of SPDR Bloomberg Convertible Securities ETF $CWB

Kestra Advisory Services LLC increased its position in shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 161.7% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 66,220 shares of the exchange traded fund’s stock after acquiring an additional 40,915 shares during the quarter. Kestra Advisory Services LLC owned approximately 0.12% of SPDR Bloomberg Convertible Securities ETF worth $6,700,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of CWB. Bank of America Corp DE lifted its stake in shares of SPDR Bloomberg Convertible Securities ETF by 1.0% during the 1st quarter. Bank of America Corp DE now owns 2,654,014 shares of the exchange traded fund’s stock worth $242,895,000 after purchasing an additional 26,717 shares during the period. Envestnet Asset Management Inc. boosted its holdings in shares of SPDR Bloomberg Convertible Securities ETF by 346.2% during the second quarter. Envestnet Asset Management Inc. now owns 2,004,950 shares of the exchange traded fund’s stock worth $216,174,000 after purchasing an additional 1,555,591 shares during the last quarter. Howard Capital Management LLC grew its position in shares of SPDR Bloomberg Convertible Securities ETF by 1.3% in the third quarter. Howard Capital Management LLC now owns 2,020,000 shares of the exchange traded fund’s stock valued at $204,384,000 after purchasing an additional 26,904 shares during the period. Delta Capital Management LLC purchased a new stake in shares of SPDR Bloomberg Convertible Securities ETF in the third quarter valued at $119,999,000. Finally, Bessemer Group Inc. grew its position in shares of SPDR Bloomberg Convertible Securities ETF by 7.4% in the first quarter. Bessemer Group Inc. now owns 1,215,879 shares of the exchange traded fund’s stock valued at $111,278,000 after purchasing an additional 83,758 shares during the period.

SPDR Bloomberg Convertible Securities ETF Trading Up 1.6%

SPDR Bloomberg Convertible Securities ETF stock opened at $93.84 on Thursday. The stock has a fifty day moving average price of $98.75 and a 200 day moving average price of $100.08. SPDR Bloomberg Convertible Securities ETF has a 52 week low of $85.37 and a 52 week high of $112.02.

SPDR Bloomberg Convertible Securities ETF 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.