Sonata Capital Group Inc. Acquires New Holdings in SPDR Bloomberg Convertible Securities ETF $CWB

Sonata Capital Group Inc. bought a new position in shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 6,535 shares of the exchange traded fund’s stock, valued at approximately $661,000.

Several other hedge funds have also recently bought and sold shares of CWB. Mather Group LLC. acquired a new position in SPDR Bloomberg Convertible Securities ETF in the 3rd quarter worth $39,000. Western Wealth Management LLC acquired a new position in shares of SPDR Bloomberg Convertible Securities ETF during the first quarter worth about $38,000. Financial Management Professionals Inc. acquired a new position in shares of SPDR Bloomberg Convertible Securities ETF during the second quarter worth about $46,000. Bayban acquired a new stake in SPDR Bloomberg Convertible Securities ETF in the 4th quarter valued at approximately $56,000. Finally, American National Bank & Trust bought a new stake in SPDR Bloomberg Convertible Securities ETF in the 3rd quarter valued at approximately $65,000.

SPDR Bloomberg Convertible Securities ETF Trading Up 0.3%

NYSEARCA:CWB traded up $0.33 during trading hours on Monday, reaching $95.37. 158,465 shares of the stock were exchanged, compared to its average volume of 892,595. SPDR Bloomberg Convertible Securities ETF has a twelve month low of $85.37 and a twelve month high of $112.02. The firm has a 50 day moving average of $102.18 and a 200 day moving average of $102.98.

About SPDR Bloomberg Convertible Securities ETF

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.