1,000 Shares in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) Purchased by Future Financial Wealth Managment LLC

Future Financial Wealth Managment LLC purchased a new stake in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 1,000 shares of the exchange traded fund’s stock, valued at approximately $73,000.

A number of other institutional investors and hedge funds also recently modified their holdings of CWB. ICA Group Wealth Management LLC acquired a new position in shares of SPDR Bloomberg Convertible Securities ETF in the 4th quarter valued at about $31,000. Baystate Wealth Management LLC raised its holdings in SPDR Bloomberg Convertible Securities ETF by 124.5% in the fourth quarter. Baystate Wealth Management LLC now owns 907 shares of the exchange traded fund’s stock valued at $65,000 after buying an additional 503 shares during the period. Waterloo Capital L.P. acquired a new position in SPDR Bloomberg Convertible Securities ETF during the fourth quarter valued at approximately $232,000. Jones Financial Companies Lllp purchased a new stake in SPDR Bloomberg Convertible Securities ETF during the fourth quarter worth approximately $264,000. Finally, MeadowBrook Investment Advisors LLC purchased a new stake in SPDR Bloomberg Convertible Securities ETF during the fourth quarter worth approximately $322,000.

SPDR Bloomberg Convertible Securities ETF Price Performance

Shares of CWB stock opened at $71.91 on Thursday. The company’s fifty day simple moving average is $71.54 and its 200-day simple moving average is $71.60. SPDR Bloomberg Convertible Securities ETF has a 52 week low of $64.56 and a 52 week high of $73.43.

SPDR Bloomberg 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.