SPDR Bloomberg Convertible Securities ETF $CWB Shares Newly Purchased by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. bought a new stake in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm bought 129,093 shares of the exchange traded fund’s stock, valued at approximately $13,062,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in CWB. Talon Private Wealth LLC increased its stake in SPDR Bloomberg Convertible Securities ETF by 25.4% in the second quarter. Talon Private Wealth LLC now owns 29,986 shares of the exchange traded fund’s stock valued at $3,233,000 after acquiring an additional 6,074 shares during the last quarter. Renaissance Technologies LLC acquired a new position in SPDR Bloomberg Convertible Securities ETF during the first quarter valued at approximately $1,117,000. Brindle & Bay Financial Advisors LLC raised its position in SPDR Bloomberg Convertible Securities ETF by 12.5% during the first quarter. Brindle & Bay Financial Advisors LLC now owns 56,593 shares of the exchange traded fund’s stock valued at $5,179,000 after purchasing an additional 6,300 shares in the last quarter. Dorsey Wright & Associates raised its position in SPDR Bloomberg Convertible Securities ETF by 603.9% during the first quarter. Dorsey Wright & Associates now owns 29,291 shares of the exchange traded fund’s stock valued at $2,681,000 after purchasing an additional 25,130 shares in the last quarter. Finally, Independent Financial Group LLC bought a new stake in SPDR Bloomberg Convertible Securities ETF during the first quarter worth $1,460,000.

SPDR Bloomberg Convertible Securities ETF Stock Performance

NYSEARCA CWB opened at $96.32 on Wednesday. The business has a fifty day moving average price of $100.86 and a two-hundred day moving average price of $100.06. SPDR Bloomberg Convertible Securities ETF has a fifty-two week low of $85.37 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.