Kingswood Wealth Advisors LLC Cuts Stock Holdings in SPDR Bloomberg Convertible Securities ETF $CWB

Kingswood Wealth Advisors LLC trimmed its holdings in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 58.2% in the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 12,433 shares of the exchange traded fund’s stock after selling 17,321 shares during the period. Kingswood Wealth Advisors LLC’s holdings in SPDR Bloomberg Convertible Securities ETF were worth $1,028,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the business. Ameriprise Financial Inc. grew its position in SPDR Bloomberg Convertible Securities ETF by 34.1% in the first quarter. Ameriprise Financial Inc. now owns 1,345,622 shares of the exchange traded fund’s stock worth $103,121,000 after acquiring an additional 341,981 shares during the period. Delta Capital Management LLC grew its position in SPDR Bloomberg Convertible Securities ETF by 1.4% in the first quarter. Delta Capital Management LLC now owns 1,086,000 shares of the exchange traded fund’s stock worth $83,209,000 after acquiring an additional 15,000 shares during the period. Cambridge Investment Research Advisors Inc. grew its position in SPDR Bloomberg Convertible Securities ETF by 3.0% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 265,839 shares of the exchange traded fund’s stock worth $20,369,000 after acquiring an additional 7,825 shares during the period. Truist Financial Corp grew its position in SPDR Bloomberg Convertible Securities ETF by 3.6% in the second quarter. Truist Financial Corp now owns 239,479 shares of the exchange traded fund’s stock worth $19,795,000 after acquiring an additional 8,219 shares during the period. Finally, Wealth Enhancement Advisory Services LLC grew its position in SPDR Bloomberg Convertible Securities ETF by 43.1% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 205,107 shares of the exchange traded fund’s stock worth $17,044,000 after acquiring an additional 61,779 shares during the period.

SPDR Bloomberg Convertible Securities ETF Stock Performance

NYSEARCA:CWB opened at $92.73 on Thursday. The stock’s fifty day moving average is $87.50 and its two-hundred day moving average is $82.37. SPDR Bloomberg Convertible Securities ETF has a 52 week low of $70.56 and a 52 week high of $93.06.

About SPDR Bloomberg Convertible Securities ETF

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.