FineMark National Bank & Trust raised its position in shares of SPDR Barclays Capital Convertible SecETF (NYSE:CWB) by 37.0% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 17,045 shares of the exchange traded fund’s stock after purchasing an additional 4,600 shares during the quarter. FineMark National Bank & Trust’s holdings in SPDR Barclays Capital Convertible SecETF were worth $870,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Ameriprise Financial Inc. grew its stake in SPDR Barclays Capital Convertible SecETF by 14.4% during the 2nd quarter. Ameriprise Financial Inc. now owns 799,933 shares of the exchange traded fund’s stock valued at $39,687,000 after purchasing an additional 100,863 shares during the last quarter. Montecito Bank & Trust boosted its stake in shares of SPDR Barclays Capital Convertible SecETF by 6.1% in the second quarter. Montecito Bank & Trust now owns 238,364 shares of the exchange traded fund’s stock worth $11,828,000 after buying an additional 13,612 shares during the last quarter. Advisory Alpha LLC boosted its stake in shares of SPDR Barclays Capital Convertible SecETF by 11.6% in the second quarter. Advisory Alpha LLC now owns 266,594 shares of the exchange traded fund’s stock worth $13,393,000 after buying an additional 27,726 shares during the last quarter. PNC Financial Services Group Inc. boosted its stake in shares of SPDR Barclays Capital Convertible SecETF by 17.1% in the second quarter. PNC Financial Services Group Inc. now owns 1,156,434 shares of the exchange traded fund’s stock worth $57,382,000 after buying an additional 168,681 shares during the last quarter. Finally, Oppenheimer & Co. Inc. boosted its stake in shares of SPDR Barclays Capital Convertible SecETF by 6.0% in the second quarter. Oppenheimer & Co. Inc. now owns 121,444 shares of the exchange traded fund’s stock worth $6,026,000 after buying an additional 6,844 shares during the last quarter.

Separately, Canaccord Genuity restated a “hold” rating and issued a $33.00 target price on shares of SPDR Barclays Capital Convertible SecETF in a research note on Tuesday.

The business also recently declared a monthly dividend, which will be paid on Thursday, November 9th. Investors of record on Thursday, November 2nd will be issued a dividend of $0.0928 per share. This represents a $1.11 dividend on an annualized basis and a dividend yield of 2.16%. The ex-dividend date of this dividend is Wednesday, November 1st.

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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.

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Institutional Ownership by Quarter for SPDR Barclays Capital Convertible SecETF (NYSE:CWB)

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