Hyundai Investments Co. Ltd. Invests $453,000 in SPDR Bloomberg Convertible Securities ETF $CWB

Hyundai Investments Co. Ltd. bought a new position in shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 5,054 shares of the exchange traded fund’s stock, valued at approximately $453,000.

Other large investors have also recently made changes to their positions in the company. Alliance Wealth Advisors LLC UT purchased a new stake in shares of SPDR Bloomberg Convertible Securities ETF during the third quarter worth approximately $1,096,000. Mirae Asset Global Investments Co. Ltd. increased its stake in shares of SPDR Bloomberg Convertible Securities ETF by 12.5% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 56,782 shares of the exchange traded fund’s stock worth $5,065,000 after buying an additional 6,322 shares during the period. Goodman Advisory Group LLC increased its stake in shares of SPDR Bloomberg Convertible Securities ETF by 9.1% during the third quarter. Goodman Advisory Group LLC now owns 543,340 shares of the exchange traded fund’s stock worth $49,172,000 after buying an additional 45,353 shares during the period. LPL Financial LLC increased its stake in shares of SPDR Bloomberg Convertible Securities ETF by 2.3% during the fourth quarter. LPL Financial LLC now owns 1,578,806 shares of the exchange traded fund’s stock worth $140,830,000 after buying an additional 35,217 shares during the period. Finally, RWA Wealth Partners LLC increased its stake in shares of SPDR Bloomberg Convertible Securities ETF by 8.2% during the third quarter. RWA Wealth Partners LLC now owns 81,856 shares of the exchange traded fund’s stock worth $7,408,000 after buying an additional 6,228 shares during the period.

SPDR Bloomberg Convertible Securities ETF Stock Performance

CWB stock opened at $109.77 on Tuesday. The company’s 50 day moving average price is $103.03 and its 200 day moving average price is $96.15. SPDR Bloomberg Convertible Securities ETF has a fifty-two week low of $80.00 and a fifty-two week 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.