Riggs Asset Managment Co. Inc. Grows Stock Position in SPDR Bloomberg Convertible Securities ETF $CWB

Riggs Asset Managment Co. Inc. increased its stake in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 9.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 61,080 shares of the exchange traded fund’s stock after buying an additional 5,118 shares during the quarter. Riggs Asset Managment Co. Inc.’s holdings in SPDR Bloomberg Convertible Securities ETF were worth $5,448,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Mather Group LLC. bought a new position in SPDR Bloomberg Convertible Securities ETF during the third quarter valued at $35,000. Highline Wealth Partners LLC bought a new stake in shares of SPDR Bloomberg Convertible Securities ETF in the 4th quarter worth about $39,000. Glassy Mountain Advisors Inc. bought a new stake in shares of SPDR Bloomberg Convertible Securities ETF in the 3rd quarter worth about $52,000. Harbor Investment Advisory LLC purchased a new position in shares of SPDR Bloomberg Convertible Securities ETF during the 4th quarter worth about $53,000. Finally, Rossby Financial LCC grew its holdings in SPDR Bloomberg Convertible Securities ETF by 19.8% during the 3rd quarter. Rossby Financial LCC now owns 1,004 shares of the exchange traded fund’s stock valued at $92,000 after purchasing an additional 166 shares during the last quarter.

SPDR Bloomberg Convertible Securities ETF Trading Down 0.1%

Shares of NYSEARCA:CWB opened at $100.92 on Friday. SPDR Bloomberg Convertible Securities ETF has a 12 month low of $76.05 and a 12 month high of $101.63. The firm’s 50-day moving average is $94.69 and its 200 day moving average is $92.71.

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.