Castle Rock Wealth Management LLC Purchases 9,025 Shares of SPDR Bloomberg Barclays Convertible Securities ETF (NYSEARCA:CWB)

Castle Rock Wealth Management LLC lifted its position in SPDR Bloomberg Barclays Convertible Securities ETF (NYSEARCA:CWB) by 67.5% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 22,395 shares of the exchange traded fund’s stock after buying an additional 9,025 shares during the quarter. SPDR Bloomberg Barclays Convertible Securities ETF comprises 1.3% of Castle Rock Wealth Management LLC’s investment portfolio, making the stock its 14th largest holding. Castle Rock Wealth Management LLC’s holdings in SPDR Bloomberg Barclays Convertible Securities ETF were worth $1,184,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. IMA Wealth Inc. raised its stake in shares of SPDR Bloomberg Barclays Convertible Securities ETF by 7.5% in the second quarter. IMA Wealth Inc. now owns 3,064 shares of the exchange traded fund’s stock valued at $162,000 after purchasing an additional 215 shares in the last quarter. AdvisorNet Financial Inc raised its position in shares of SPDR Bloomberg Barclays Convertible Securities ETF by 3.2% during the second quarter. AdvisorNet Financial Inc now owns 7,352 shares of the exchange traded fund’s stock worth $389,000 after purchasing an additional 231 shares during the period. Chicago Partners Investment Group LLC raised its position in shares of SPDR Bloomberg Barclays Convertible Securities ETF by 0.3% during the second quarter. Chicago Partners Investment Group LLC now owns 86,265 shares of the exchange traded fund’s stock worth $4,626,000 after purchasing an additional 249 shares during the period. Montecito Bank & Trust grew its holdings in shares of SPDR Bloomberg Barclays Convertible Securities ETF by 0.3% during the second quarter. Montecito Bank & Trust now owns 97,674 shares of the exchange traded fund’s stock worth $5,164,000 after buying an additional 251 shares in the last quarter. Finally, Institute for Wealth Management LLC. grew its stake in SPDR Bloomberg Barclays Convertible Securities ETF by 2.6% in the second quarter. Institute for Wealth Management LLC. now owns 9,784 shares of the exchange traded fund’s stock valued at $517,000 after purchasing an additional 252 shares in the last quarter.

NYSEARCA:CWB traded down $0.05 during mid-day trading on Friday, hitting $53.11. 414 shares of the stock were exchanged, compared to its average volume of 831,132. The firm’s 50-day simple moving average is $52.83 and its 200 day simple moving average is $52.57. SPDR Bloomberg Barclays Convertible Securities ETF has a fifty-two week low of $45.13 and a fifty-two week high of $54.22.

The business also recently disclosed a — dividend, which was paid on Monday, September 9th. Shareholders of record on Wednesday, September 4th were issued a $0.085 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd. This represents a yield of 5.3%.

SPDR Bloomberg Barclays Convertible Securities ETF 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.

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Institutional Ownership by Quarter for SPDR Bloomberg Barclays Convertible Securities ETF (NYSEARCA:CWB)

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