Goodman Advisory Group LLC Invests $10.87 Million in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB)

Goodman Advisory Group LLC bought a new position in shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 150,634 shares of the exchange traded fund’s stock, valued at approximately $10,868,000. SPDR Bloomberg Convertible Securities ETF makes up about 3.7% of Goodman Advisory Group LLC’s portfolio, making the stock its 7th largest position. Goodman Advisory Group LLC owned approximately 0.23% of SPDR Bloomberg Convertible Securities ETF at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Toronto Dominion Bank bought a new stake in shares of SPDR Bloomberg Convertible Securities ETF during the third quarter worth about $6,102,000. Rockland Trust Co. grew its position in SPDR Bloomberg Convertible Securities ETF by 254.2% in the 4th quarter. Rockland Trust Co. now owns 18,975 shares of the exchange traded fund’s stock worth $1,369,000 after purchasing an additional 13,618 shares in the last quarter. BTS Asset Management Inc. grew its position in SPDR Bloomberg Convertible Securities ETF by 1,307.2% in the 4th quarter. BTS Asset Management Inc. now owns 86,219 shares of the exchange traded fund’s stock worth $6,228,000 after purchasing an additional 80,092 shares in the last quarter. Archer Investment Corp bought a new stake in SPDR Bloomberg Convertible Securities ETF in the 3rd quarter worth about $59,000. Finally, Old North State Trust LLC grew its position in SPDR Bloomberg Convertible Securities ETF by 7.5% in the 3rd quarter. Old North State Trust LLC now owns 86,723 shares of the exchange traded fund’s stock worth $5,880,000 after purchasing an additional 6,071 shares in the last quarter.

SPDR Bloomberg Convertible Securities ETF Trading Down 0.2 %

CWB stock traded down $0.11 during trading on Wednesday, reaching $70.03. The stock had a trading volume of 135,086 shares, compared to its average volume of 553,020. SPDR Bloomberg Convertible Securities ETF has a one year low of $64.56 and a one year high of $73.43. The company’s 50 day moving average is $71.94 and its two-hundred day moving average is $69.98.

About SPDR Bloomberg Convertible Securities ETF

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.