Barber Financial Group Inc. purchased a new position in shares of SPDR Barclays Capital Convertible SecETF (NYSEARCA:CWB) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 76,877 shares of the exchange traded fund’s stock, valued at approximately $3,926,000. SPDR Barclays Capital Convertible SecETF accounts for approximately 1.1% of Barber Financial Group Inc.’s investment portfolio, making the stock its 28th biggest holding. Barber Financial Group Inc. owned approximately 0.10% of SPDR Barclays Capital Convertible SecETF at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the business. NewSquare Capital LLC lifted its stake in shares of SPDR Barclays Capital Convertible SecETF by 1.0% during the 3rd quarter. NewSquare Capital LLC now owns 184,168 shares of the exchange traded fund’s stock worth $9,099,000 after purchasing an additional 1,905 shares during the period. Ameriprise Financial Inc. raised its position in shares of SPDR Barclays Capital Convertible SecETF by 19.0% in the 3rd quarter. Ameriprise Financial Inc. now owns 952,104 shares of the exchange traded fund’s stock worth $48,606,000 after buying an additional 152,171 shares during the period. SG Americas Securities LLC raised its position in shares of SPDR Barclays Capital Convertible SecETF by 11.5% in the 3rd quarter. SG Americas Securities LLC now owns 58,107 shares of the exchange traded fund’s stock worth $2,968,000 after buying an additional 6,000 shares during the period. New England Investment & Retirement Group Inc. raised its position in shares of SPDR Barclays Capital Convertible SecETF by 2.0% in the 3rd quarter. New England Investment & Retirement Group Inc. now owns 76,074 shares of the exchange traded fund’s stock worth $3,885,000 after buying an additional 1,526 shares during the period. Finally, Cambridge Investment Research Advisors Inc. raised its position in shares of SPDR Barclays Capital Convertible SecETF by 292.9% in the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 292,235 shares of the exchange traded fund’s stock worth $14,924,000 after buying an additional 217,862 shares during the period.

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Several research analysts have commented on the company. BMO Capital Markets reissued a “hold” rating and issued a $33.00 price objective on shares of SPDR Barclays Capital Convertible SecETF in a research report on Wednesday. Canaccord Genuity reissued a “hold” rating and issued a $33.00 price objective on shares of SPDR Barclays Capital Convertible SecETF in a research report on Tuesday, October 31st.

Shares of SPDR Barclays Capital Convertible SecETF (NYSEARCA CWB) traded up $0.35 during trading on Friday, hitting $51.80. The stock had a trading volume of 589,100 shares, compared to its average volume of 837,935. SPDR Barclays Capital Convertible SecETF has a 12 month low of $44.75 and a 12 month high of $52.03.

The firm also recently announced a monthly dividend, which was paid on Thursday, November 9th. Stockholders of record on Thursday, November 2nd were paid a dividend of $0.0928 per share. The ex-dividend date was Wednesday, November 1st. This represents a $1.11 annualized dividend and a dividend yield of 2.15%.

SPDR Barclays Capital Convertible SecETF 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.

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

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