DV Trading LLC Buys New Shares in SPDR Bloomberg Convertible Securities ETF $CWB

DV Trading LLC purchased a new stake in shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 22,265 shares of the exchange traded fund’s stock, valued at approximately $2,038,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of CWB. High Point Wealth Management LLC purchased a new position in shares of SPDR Bloomberg Convertible Securities ETF during the 4th quarter valued at about $26,000. Arax Advisory Partners bought a new position in shares of SPDR Bloomberg Convertible Securities ETF during the 4th quarter valued at approximately $30,000. Annis Gardner Whiting Capital Advisors LLC purchased a new stake in SPDR Bloomberg Convertible Securities ETF in the 4th quarter worth approximately $36,000. Western Wealth Management LLC purchased a new stake in SPDR Bloomberg Convertible Securities ETF in the 1st quarter worth approximately $38,000. Finally, Copia Wealth Management purchased a new stake in SPDR Bloomberg Convertible Securities ETF in the 4th quarter worth approximately $43,000.

SPDR Bloomberg Convertible Securities ETF Stock Performance

NYSEARCA CWB opened at $101.85 on Friday. SPDR Bloomberg Convertible Securities ETF has a 12 month low of $83.18 and a 12 month high of $112.02. The company’s 50 day moving average is $105.62 and its two-hundred day moving average is $99.55.

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.