Waldron Private Wealth LLC Has $14.92 Million Stock Holdings in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB)

Waldron Private Wealth LLC lessened its position in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 0.9% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 207,083 shares of the exchange traded fund’s stock after selling 1,811 shares during the quarter. Waldron Private Wealth LLC owned approximately 0.43% of SPDR Bloomberg Convertible Securities ETF worth $14,922,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of CWB. EverSource Wealth Advisors LLC grew its stake in SPDR Bloomberg Convertible Securities ETF by 291.8% in the first quarter. EverSource Wealth Advisors LLC now owns 380 shares of the exchange traded fund’s stock valued at $27,000 after purchasing an additional 283 shares in the last quarter. ICA Group Wealth Management LLC bought a new position in shares of SPDR Bloomberg Convertible Securities ETF during the 4th quarter worth approximately $31,000. ORG Partners LLC bought a new position in shares of SPDR Bloomberg Convertible Securities ETF during the 2nd quarter worth approximately $53,000. Future Financial Wealth Managment LLC bought a new position in shares of SPDR Bloomberg Convertible Securities ETF during the 1st quarter worth approximately $73,000. Finally, Waterloo Capital L.P. bought a new position in shares of SPDR Bloomberg Convertible Securities ETF during the 4th quarter worth approximately $232,000.

SPDR Bloomberg Convertible Securities ETF Stock Performance

Shares of NYSEARCA CWB traded up $0.25 during midday trading on Friday, hitting $74.29. 449,000 shares of the company’s stock were exchanged, compared to its average volume of 483,967. SPDR Bloomberg Convertible Securities ETF has a 12 month low of $64.56 and a 12 month high of $74.35. The company’s 50 day moving average price is $72.80 and its 200 day moving average price is $72.09.

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.