Main Street Group LTD Sells 343 Shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB)

Main Street Group LTD trimmed its holdings in shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 15.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,877 shares of the exchange traded fund’s stock after selling 343 shares during the quarter. Main Street Group LTD’s holdings in SPDR Bloomberg Convertible Securities ETF were worth $135,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the business. BNP Paribas Financial Markets bought a new stake in shares of SPDR Bloomberg Convertible Securities ETF during the 4th quarter valued at $6,033,000. Cary Street Partners Investment Advisory LLC raised its stake in shares of SPDR Bloomberg Convertible Securities ETF by 1,491.2% in the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 6,174 shares of the exchange traded fund’s stock worth $445,000 after buying an additional 5,786 shares during the period. Janney Montgomery Scott LLC raised its stake in shares of SPDR Bloomberg Convertible Securities ETF by 4.1% in the fourth quarter. Janney Montgomery Scott LLC now owns 166,756 shares of the exchange traded fund’s stock worth $12,032,000 after buying an additional 6,598 shares during the period. Laffer Tengler Investments Inc. purchased a new position in shares of SPDR Bloomberg Convertible Securities ETF during the 4th quarter valued at about $726,000. Finally, Jones Financial Companies Lllp bought a new position in shares of SPDR Bloomberg Convertible Securities ETF during the 4th quarter valued at approximately $264,000.

SPDR Bloomberg Convertible Securities ETF Price Performance

NYSEARCA:CWB traded down $0.39 during trading hours on Friday, hitting $72.89. 359,093 shares of the stock traded hands, compared to its average volume of 483,712. SPDR Bloomberg Convertible Securities ETF has a 1 year low of $64.56 and a 1 year high of $74.35. The stock has a 50 day moving average price of $72.95 and a 200 day moving average price of $72.14.

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.