SPDR Bloomberg Convertible Securities ETF $CWB Shares Acquired by Talon Private Wealth LLC

Talon Private Wealth LLC boosted its position in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 25.4% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 29,986 shares of the exchange traded fund’s stock after purchasing an additional 6,074 shares during the quarter. Talon Private Wealth LLC owned about 0.05% of SPDR Bloomberg Convertible Securities ETF worth $3,233,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of CWB. Bank of America Corp DE increased its stake in shares of SPDR Bloomberg Convertible Securities ETF by 1.0% in the first quarter. Bank of America Corp DE now owns 2,654,014 shares of the exchange traded fund’s stock valued at $242,895,000 after purchasing an additional 26,717 shares during the period. LPL Financial LLC boosted its position in shares of SPDR Bloomberg Convertible Securities ETF by 2.3% during the fourth quarter. LPL Financial LLC now owns 1,578,806 shares of the exchange traded fund’s stock worth $140,830,000 after buying an additional 35,217 shares during the period. Wells Fargo & Company MN boosted its position in shares of SPDR Bloomberg Convertible Securities ETF by 3.4% during the fourth quarter. Wells Fargo & Company MN now owns 1,483,024 shares of the exchange traded fund’s stock worth $132,286,000 after buying an additional 48,840 shares during the period. Bessemer Group Inc. grew its holdings in SPDR Bloomberg Convertible Securities ETF by 7.4% in the 1st quarter. Bessemer Group Inc. now owns 1,215,879 shares of the exchange traded fund’s stock worth $111,278,000 after buying an additional 83,758 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its holdings in SPDR Bloomberg Convertible Securities ETF by 15.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,042,121 shares of the exchange traded fund’s stock worth $92,957,000 after buying an additional 142,387 shares in the last quarter.

SPDR Bloomberg Convertible Securities ETF Stock Up 0.7%

CWB traded up $0.67 during trading hours on Friday, hitting $102.65. The company’s stock had a trading volume of 1,467,630 shares, compared to its average volume of 928,618. The company has a 50-day simple moving average of $103.36 and a 200 day simple moving average of $101.56. SPDR Bloomberg Convertible Securities ETF has a fifty-two week low of $85.37 and a fifty-two 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.