Wealth Enhancement Advisory Services LLC Has $20.04 Million Position in SPDR Bloomberg Convertible Securities ETF $CWB

Wealth Enhancement Advisory Services LLC increased its stake in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 6.2% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 217,865 shares of the exchange traded fund’s stock after acquiring an additional 12,758 shares during the quarter. Wealth Enhancement Advisory Services LLC owned about 0.42% of SPDR Bloomberg Convertible Securities ETF worth $20,035,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. M3 Advisory Group LLC lifted its stake in SPDR Bloomberg Convertible Securities ETF by 1.7% in the second quarter. M3 Advisory Group LLC now owns 10,267 shares of the exchange traded fund’s stock valued at $849,000 after buying an additional 167 shares during the period. B. Riley Wealth Advisors Inc. bought a new stake in shares of SPDR Bloomberg Convertible Securities ETF in the 2nd quarter valued at $5,260,000. Elevation Capital Advisory LLC acquired a new position in shares of SPDR Bloomberg Convertible Securities ETF during the 2nd quarter valued at $3,112,000. Commonwealth Equity Services LLC boosted its stake in SPDR Bloomberg Convertible Securities ETF by 4.3% during the third quarter. Commonwealth Equity Services LLC now owns 252,425 shares of the exchange traded fund’s stock worth $22,845,000 after acquiring an additional 10,483 shares in the last quarter. Finally, ST Germain D J Co. Inc. grew its holdings in SPDR Bloomberg Convertible Securities ETF by 73.7% in the second quarter. ST Germain D J Co. Inc. now owns 2,143 shares of the exchange traded fund’s stock worth $177,000 after purchasing an additional 909 shares during the period.

SPDR Bloomberg Convertible Securities ETF Stock Up 0.8%

CWB opened at $93.84 on Thursday. The company has a fifty day moving average price of $90.48 and a two-hundred day moving average price of $89.02. SPDR Bloomberg Convertible Securities ETF has a 1-year low of $70.56 and a 1-year high of $94.94.

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. Convertible Bond >$500MM Index (the Index), the Fund employs a sampling strategy, which means that the Fund is not required to purchase all of the securities represented in the Index.