EverSource Wealth Advisors LLC Invests $1.79 Million in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB)

EverSource Wealth Advisors LLC purchased a new stake in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor purchased 22,965 shares of the exchange traded fund’s stock, valued at approximately $1,789,000.

Other large investors have also recently added to or reduced their stakes in the company. Boyd Watterson Asset Management LLC OH acquired a new stake in SPDR Bloomberg Convertible Securities ETF in the 4th quarter valued at $27,000. Thurston Springer Miller Herd & Titak Inc. grew its stake in shares of SPDR Bloomberg Convertible Securities ETF by 117.1% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 471 shares of the exchange traded fund’s stock valued at $37,000 after acquiring an additional 254 shares in the last quarter. Roxbury Financial LLC acquired a new stake in shares of SPDR Bloomberg Convertible Securities ETF during the fourth quarter valued at about $45,000. SBI Securities Co. Ltd. acquired a new stake in shares of SPDR Bloomberg Convertible Securities ETF during the fourth quarter valued at about $152,000. Finally, Navellier & Associates Inc. acquired a new stake in shares of SPDR Bloomberg Convertible Securities ETF during the fourth quarter valued at about $201,000.

SPDR Bloomberg Convertible Securities ETF Stock Up 0.3 %

Shares of CWB stock opened at $76.55 on Thursday. The company’s 50-day simple moving average is $79.43 and its 200-day simple moving average is $78.29. SPDR Bloomberg Convertible Securities ETF has a one year low of $69.45 and a one year high of $82.24.

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.