SignalPoint Asset Management LLC bought a new stake in shares of SPDR Barclays Capital Convertible SecETF (NYSE:CWB) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 5,610 shares of the exchange traded fund’s stock, valued at approximately $286,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. FineMark National Bank & Trust raised its holdings in SPDR Barclays Capital Convertible SecETF by 37.0% during the third quarter. FineMark National Bank & Trust now owns 17,045 shares of the exchange traded fund’s stock valued at $870,000 after buying an additional 4,600 shares in the last quarter. Parkside Financial Bank & Trust bought a new position in SPDR Barclays Capital Convertible SecETF during the third quarter valued at about $102,000. Raymond James Financial Services Advisors Inc. raised its holdings in SPDR Barclays Capital Convertible SecETF by 8.8% during the third quarter. Raymond James Financial Services Advisors Inc. now owns 642,404 shares of the exchange traded fund’s stock valued at $32,808,000 after buying an additional 51,985 shares in the last quarter. First Trust Advisors LP raised its holdings in SPDR Barclays Capital Convertible SecETF by 17.3% during the third quarter. First Trust Advisors LP now owns 12,268 shares of the exchange traded fund’s stock valued at $627,000 after buying an additional 1,806 shares in the last quarter. Finally, Boston Advisors LLC raised its holdings in SPDR Barclays Capital Convertible SecETF by 67.6% during the third quarter. Boston Advisors LLC now owns 9,735 shares of the exchange traded fund’s stock valued at $497,000 after buying an additional 3,925 shares in the last quarter.

Separately, Canaccord Genuity restated a “hold” rating and set a $33.00 target price on shares of SPDR Barclays Capital Convertible SecETF in a report on Tuesday.

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SPDR Barclays Capital Convertible SecETF (CWB) traded down $0.16 during midday trading on Friday, reaching $51.61. The company’s stock had a trading volume of 446,646 shares.

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, November 9th. Stockholders of record on Thursday, November 2nd will be paid a $0.0928 dividend. The ex-dividend date is Wednesday, November 1st. This represents a $1.11 dividend on an annualized basis and a dividend yield of 2.16%.

SPDR Barclays Capital Convertible SecETF 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.

Institutional Ownership by Quarter for SPDR Barclays Capital Convertible SecETF (NYSE:CWB)

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