EPG Wealth Management LLC Cuts Stake in SPDR Bloomberg Convertible Securities ETF $CWB

EPG Wealth Management LLC lowered its holdings in shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 51.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,380 shares of the exchange traded fund’s stock after selling 1,447 shares during the quarter. EPG Wealth Management LLC’s holdings in SPDR Bloomberg Convertible Securities ETF were worth $114,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the business. Ameriprise Financial Inc. grew its position in shares of SPDR Bloomberg Convertible Securities ETF by 34.1% during the first quarter. Ameriprise Financial Inc. now owns 1,345,622 shares of the exchange traded fund’s stock worth $103,121,000 after purchasing an additional 341,981 shares in the last quarter. H&H Retirement Design & Management INC grew its holdings in SPDR Bloomberg Convertible Securities ETF by 7.3% during the 2nd quarter. H&H Retirement Design & Management INC now owns 410,452 shares of the exchange traded fund’s stock valued at $34,872,000 after buying an additional 27,962 shares in the last quarter. Truist Financial Corp grew its holdings in SPDR Bloomberg Convertible Securities ETF by 3.6% during the 2nd 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 in the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in SPDR Bloomberg Convertible Securities ETF by 43.1% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 205,107 shares of the exchange traded fund’s stock valued at $17,044,000 after buying an additional 61,779 shares in the last quarter. Finally, Janney Montgomery Scott LLC grew its holdings in SPDR Bloomberg Convertible Securities ETF by 0.6% during the 2nd 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 in the last quarter.

SPDR Bloomberg Convertible Securities ETF Stock Performance

NYSEARCA CWB opened at $93.29 on Tuesday. The business has a 50 day simple moving average of $90.26 and a two-hundred day simple moving average of $84.73. 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 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.