Montecito Bank & Trust Buys 10,963 Shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB)

Montecito Bank & Trust lifted its stake in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWBFree Report) by 48.3% in the 1st quarter, Holdings Channel reports. The institutional investor owned 33,640 shares of the exchange traded fund’s stock after acquiring an additional 10,963 shares during the period. Montecito Bank & Trust’s holdings in SPDR Bloomberg Convertible Securities ETF were worth $2,457,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in CWB. Goodman Advisory Group LLC bought a new position in SPDR Bloomberg Convertible Securities ETF during the fourth quarter worth about $10,868,000. Ameriprise Financial Inc. lifted its stake in SPDR Bloomberg Convertible Securities ETF by 16.8% during the third quarter. Ameriprise Financial Inc. now owns 1,044,982 shares of the exchange traded fund’s stock worth $70,814,000 after purchasing an additional 150,604 shares during the period. Toronto Dominion Bank bought a new position in SPDR Bloomberg Convertible Securities ETF during the third quarter worth about $6,102,000. BNP Paribas Financial Markets bought a new position in SPDR Bloomberg Convertible Securities ETF during the fourth quarter worth about $6,033,000. Finally, BTS Asset Management Inc. lifted its stake in SPDR Bloomberg Convertible Securities ETF by 1,307.2% during the fourth 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 during the period.

SPDR Bloomberg Convertible Securities ETF Stock Performance

Shares of NYSEARCA:CWB traded down $0.28 during trading on Thursday, reaching $71.41. The stock had a trading volume of 610,573 shares, compared to its average volume of 515,005. SPDR Bloomberg Convertible Securities ETF has a 52 week low of $64.56 and a 52 week high of $73.43. The business’s 50-day moving average price is $71.45 and its 200 day moving average price is $71.51.

About SPDR Bloomberg Convertible Securities ETF

(Free Report)

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 Convertible Securities ETF (NYSEARCA:CWB)

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