SPDR Bloomberg Convertible Securities ETF $CWB Shares Purchased by Lifestyle Asset Management Inc.

Lifestyle Asset Management Inc. boosted its position in shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 12.5% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 141,135 shares of the exchange traded fund’s stock after purchasing an additional 15,662 shares during the quarter. SPDR Bloomberg Convertible Securities ETF accounts for about 4.1% of Lifestyle Asset Management Inc.’s investment portfolio, making the stock its 4th biggest holding. Lifestyle Asset Management Inc. owned about 0.26% of SPDR Bloomberg Convertible Securities ETF worth $12,589,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. High Point Wealth Management LLC acquired a new position in SPDR Bloomberg Convertible Securities ETF during the fourth quarter valued at approximately $26,000. Annis Gardner Whiting Capital Advisors LLC acquired a new position in SPDR Bloomberg Convertible Securities ETF during the fourth quarter valued at approximately $36,000. Highline Wealth Partners LLC acquired a new position in SPDR Bloomberg Convertible Securities ETF during the fourth quarter valued at approximately $39,000. Copia Wealth Management acquired a new position in SPDR Bloomberg Convertible Securities ETF during the fourth quarter valued at approximately $43,000. Finally, Glassy Mountain Advisors Inc. acquired a new position in SPDR Bloomberg Convertible Securities ETF during the third quarter valued at approximately $52,000.

SPDR Bloomberg Convertible Securities ETF Stock Performance

Shares of NYSEARCA CWB opened at $109.66 on Friday. The firm has a 50 day moving average price of $101.03 and a 200 day moving average price of $95.26. SPDR Bloomberg Convertible Securities ETF has a 52-week low of $80.00 and a 52-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.