Apexium Financial LP Lowers Holdings in SPDR Bloomberg Convertible Securities ETF $CWB

Apexium Financial LP decreased its stake in shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 1.7% in the second quarter, Holdings Channel reports. The institutional investor owned 12,429 shares of the exchange traded fund’s stock after selling 215 shares during the quarter. Apexium Financial LP’s holdings in SPDR Bloomberg Convertible Securities ETF were worth $1,027,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the stock. Truist Financial Corp raised its stake in SPDR Bloomberg Convertible Securities ETF by 3.6% during the second quarter. Truist Financial Corp now owns 239,479 shares of the exchange traded fund’s stock valued at $19,795,000 after buying an additional 8,219 shares during the last quarter. Janney Montgomery Scott LLC raised its stake in SPDR Bloomberg Convertible Securities ETF by 0.6% during the second quarter. Janney Montgomery Scott LLC now owns 156,413 shares of the exchange traded fund’s stock valued at $12,929,000 after buying an additional 934 shares during the last quarter. ST Germain D J Co. Inc. raised its stake in SPDR Bloomberg Convertible Securities ETF by 73.7% during the second quarter. ST Germain D J Co. Inc. now owns 2,143 shares of the exchange traded fund’s stock valued at $177,000 after buying an additional 909 shares during the last quarter. Oxinas Partners Wealth Management LLC raised its stake in shares of SPDR Bloomberg Convertible Securities ETF by 664.3% in the second quarter. Oxinas Partners Wealth Management LLC now owns 26,184 shares of the exchange traded fund’s stock worth $2,164,000 after purchasing an additional 22,758 shares during the last quarter. Finally, McAdam LLC raised its stake in shares of SPDR Bloomberg Convertible Securities ETF by 3.6% in the second quarter. McAdam LLC now owns 110,856 shares of the exchange traded fund’s stock worth $9,163,000 after purchasing an additional 3,868 shares during the last quarter.

SPDR Bloomberg Convertible Securities ETF Stock Performance

CWB stock opened at $92.12 on Friday. SPDR Bloomberg Convertible Securities ETF has a 1-year low of $70.56 and a 1-year high of $92.79. The business has a fifty day moving average price of $87.04 and a 200-day moving average price of $82.07.

About SPDR Bloomberg Convertible Securities ETF

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.