Graetz Wealth LLC Purchases Shares of 28,877 SPDR Bloomberg Convertible Securities ETF $CWB

Graetz Wealth LLC purchased a new stake in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 28,877 shares of the exchange traded fund’s stock, valued at approximately $2,576,000. SPDR Bloomberg Convertible Securities ETF makes up about 2.3% of Graetz Wealth LLC’s investment portfolio, making the stock its 16th largest holding.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. High Point Wealth Management LLC bought a new stake in shares of SPDR Bloomberg Convertible Securities ETF during the fourth quarter worth about $26,000. Annis Gardner Whiting Capital Advisors LLC bought a new stake in shares of SPDR Bloomberg Convertible Securities ETF during the fourth quarter worth about $36,000. Highline Wealth Partners LLC bought a new stake in shares of SPDR Bloomberg Convertible Securities ETF during the fourth quarter worth about $39,000. Copia Wealth Management bought a new stake in shares of SPDR Bloomberg Convertible Securities ETF during the fourth quarter worth about $43,000. Finally, Creative Financial Designs Inc. ADV increased its position in shares of SPDR Bloomberg Convertible Securities ETF by 264.0% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 586 shares of the exchange traded fund’s stock worth $52,000 after acquiring an additional 425 shares in the last quarter.

SPDR Bloomberg Convertible Securities ETF Price Performance

NYSEARCA:CWB opened at $105.62 on Friday. The firm has a 50-day moving average of $102.42 and a 200-day moving average of $95.87. SPDR Bloomberg Convertible Securities ETF has a one year low of $80.00 and a one year high of $112.02.

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.