First Heartland Consultants Inc. grew its position in SPDR Barclays Capital Convertible SecETF (NYSEARCA:CWB) by 191.2% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 21,904 shares of the exchange traded fund’s stock after acquiring an additional 14,383 shares during the period. First Heartland Consultants Inc.’s holdings in SPDR Barclays Capital Convertible SecETF were worth $1,119,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Madden Advisory Services Inc. raised its position in shares of SPDR Barclays Capital Convertible SecETF by 1.1% during the 2nd quarter. Madden Advisory Services Inc. now owns 14,514 shares of the exchange traded fund’s stock worth $720,000 after purchasing an additional 165 shares during the last quarter. New England Private Wealth Advisors LLC raised its position in shares of SPDR Barclays Capital Convertible SecETF by 0.5% during the 2nd quarter. New England Private Wealth Advisors LLC now owns 42,709 shares of the exchange traded fund’s stock worth $2,120,000 after purchasing an additional 206 shares during the last quarter. UBS Asset Management Americas Inc. raised its position in shares of SPDR Barclays Capital Convertible SecETF by 12.3% during the 2nd quarter. UBS Asset Management Americas Inc. now owns 2,680 shares of the exchange traded fund’s stock worth $133,000 after purchasing an additional 293 shares during the last quarter. HMS Capital Management LLC raised its position in shares of SPDR Barclays Capital Convertible SecETF by 7.3% during the 2nd quarter. HMS Capital Management LLC now owns 9,588 shares of the exchange traded fund’s stock worth $476,000 after purchasing an additional 649 shares during the last quarter. Finally, NTV Asset Management LLC raised its position in shares of SPDR Barclays Capital Convertible SecETF by 0.8% during the 2nd quarter. NTV Asset Management LLC now owns 90,848 shares of the exchange traded fund’s stock worth $4,507,000 after purchasing an additional 700 shares during the last quarter.

Several research analysts recently weighed in on the stock. Scotiabank restated a “buy” rating and set a $42.00 price target on shares of SPDR Barclays Capital Convertible SecETF in a research report on Wednesday, November 22nd. Canaccord Genuity restated a “hold” rating and set a $33.00 price target on shares of SPDR Barclays Capital Convertible SecETF in a research report on Tuesday, October 31st. Finally, BMO Capital Markets restated a “hold” rating and set a $33.00 price target on shares of SPDR Barclays Capital Convertible SecETF in a research report on Wednesday, November 15th.

SPDR Barclays Capital Convertible SecETF (NYSEARCA:CWB) traded down $0.19 during mid-day trading on Tuesday, reaching $51.25. 612,000 shares of the company’s stock were exchanged, compared to its average volume of 823,295. SPDR Barclays Capital Convertible SecETF has a 12 month low of $45.44 and a 12 month high of $52.67.

The firm also recently disclosed a monthly dividend, which was paid on Monday, December 11th. Shareholders of record on Monday, December 4th were issued a $0.1309 dividend. This is an increase from SPDR Barclays Capital Convertible SecETF’s previous monthly dividend of $0.09. The ex-dividend date of this dividend was Friday, December 1st. This represents a $1.57 dividend on an annualized basis and a yield of 3.06%.

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About SPDR Barclays Capital Convertible SecETF

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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