AMJ Financial Wealth Management Makes New Investment in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB)

AMJ Financial Wealth Management acquired a new stake in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 51,338 shares of the exchange traded fund’s stock, valued at approximately $3,999,000. AMJ Financial Wealth Management owned 0.11% of SPDR Bloomberg Convertible Securities ETF as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its holdings in SPDR Bloomberg Convertible Securities ETF by 20.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 120,893 shares of the exchange traded fund’s stock valued at $9,259,000 after buying an additional 20,878 shares during the period. Advisors Preferred LLC boosted its position in shares of SPDR Bloomberg Convertible Securities ETF by 36.4% in the fourth quarter. Advisors Preferred LLC now owns 111,625 shares of the exchange traded fund’s stock worth $8,707,000 after acquiring an additional 29,759 shares during the last quarter. Mount Lucas Management LP grew its holdings in SPDR Bloomberg Convertible Securities ETF by 3.0% in the third quarter. Mount Lucas Management LP now owns 35,946 shares of the exchange traded fund’s stock valued at $2,753,000 after purchasing an additional 1,046 shares during the period. Kingswood Wealth Advisors LLC increased its position in SPDR Bloomberg Convertible Securities ETF by 18.0% during the fourth quarter. Kingswood Wealth Advisors LLC now owns 18,964 shares of the exchange traded fund’s stock worth $1,477,000 after purchasing an additional 2,893 shares during the last quarter. Finally, Jones Financial Companies Lllp raised its stake in SPDR Bloomberg Convertible Securities ETF by 57.9% during the fourth quarter. Jones Financial Companies Lllp now owns 14,479 shares of the exchange traded fund’s stock worth $1,128,000 after purchasing an additional 5,311 shares during the period.

SPDR Bloomberg Convertible Securities ETF Trading Down 1.3 %

Shares of CWB opened at $78.09 on Tuesday. SPDR Bloomberg Convertible Securities ETF has a fifty-two week low of $69.45 and a fifty-two week high of $82.24. The company’s fifty day moving average is $79.62 and its two-hundred day moving average is $78.09.

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.