Kingsbury Capital Investment Advisors LLC Sells 14,825 Shares of SPDR Bloomberg Convertible Securities ETF $CWB

Kingsbury Capital Investment Advisors LLC decreased its position in shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 50.3% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 14,647 shares of the exchange traded fund’s stock after selling 14,825 shares during the period. SPDR Bloomberg Convertible Securities ETF makes up approximately 1.3% of Kingsbury Capital Investment Advisors LLC’s holdings, making the stock its 19th largest holding. Kingsbury Capital Investment Advisors LLC’s holdings in SPDR Bloomberg Convertible Securities ETF were worth $1,579,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in CWB. Arax Advisory Partners purchased a new position in shares of SPDR Bloomberg Convertible Securities ETF during the fourth quarter worth approximately $30,000. Annis Gardner Whiting Capital Advisors LLC purchased a new stake in shares of SPDR Bloomberg Convertible Securities ETF in the 4th quarter valued at $36,000. Western Wealth Management LLC purchased a new stake in shares of SPDR Bloomberg Convertible Securities ETF in the 1st quarter valued at $38,000. Copia Wealth Management bought a new position in shares of SPDR Bloomberg Convertible Securities ETF during the 4th quarter valued at $43,000. Finally, Financial Management Professionals Inc. bought a new position in shares of SPDR Bloomberg Convertible Securities ETF during the 2nd quarter valued at $46,000.

SPDR Bloomberg Convertible Securities ETF Stock Performance

Shares of NYSEARCA:CWB opened at $102.95 on Monday. The company’s fifty day moving average is $103.61 and its 200 day moving average is $101.32. 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 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.