M&T Bank Corp reduced its stake in shares of SPDR Barclays Capital Convertible SecETF (NYSE:CWB) by 2.8% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 13,714 shares of the exchange traded fund’s stock after selling 400 shares during the period. M&T Bank Corp’s holdings in SPDR Barclays Capital Convertible SecETF were worth $680,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Benjamin F. Edwards & Company Inc. increased its holdings in SPDR Barclays Capital Convertible SecETF by 0.3% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 9,033 shares of the exchange traded fund’s stock worth $448,000 after purchasing an additional 23 shares in the last quarter. Cullen Frost Bankers Inc. increased its holdings in SPDR Barclays Capital Convertible SecETF by 1.2% during the 2nd quarter. Cullen Frost Bankers Inc. now owns 4,743 shares of the exchange traded fund’s stock worth $235,000 after purchasing an additional 55 shares in the last quarter. Cutler Capital Management LLC increased its holdings in SPDR Barclays Capital Convertible SecETF by 5.3% during the 2nd quarter. Cutler Capital Management LLC now owns 3,680 shares of the exchange traded fund’s stock worth $183,000 after purchasing an additional 184 shares in the last quarter. New England Private Wealth Advisors LLC increased its holdings in 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 in the last quarter. Finally, UBS Asset Management Americas Inc. increased its holdings in 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 in the last quarter.

Shares of SPDR Barclays Capital Convertible SecETF (NYSE CWB) opened at 51.45 on Thursday. SPDR Barclays Capital Convertible SecETF has a one year low of $44.20 and a one year high of $51.68. The firm’s 50-day moving average price is $50.83 and its 200-day moving average price is $49.67.

The firm also recently announced a monthly dividend, which will be paid on Tuesday, October 10th. Shareholders of record on Tuesday, October 3rd will be paid a dividend of $0.1395 per share. This represents a $1.67 dividend on an annualized basis and a dividend yield of 3.25%. The ex-dividend date of this dividend is Monday, October 2nd.

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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 (NYSE:CWB)

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