SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) Sets New 52-Week High at $75.65

SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB)’s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $75.65 and last traded at $75.53, with a volume of 45911 shares traded. The stock had previously closed at $75.33.

SPDR Bloomberg Convertible Securities ETF Trading Up 0.3 %

The company’s fifty day moving average price is $73.35 and its 200 day moving average price is $72.36.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in CWB. EverSource Wealth Advisors LLC lifted its position in shares of SPDR Bloomberg Convertible Securities ETF by 291.8% during the 1st quarter. EverSource Wealth Advisors LLC now owns 380 shares of the exchange traded fund’s stock worth $27,000 after buying an additional 283 shares during the last quarter. ICA Group Wealth Management LLC acquired a new position in SPDR Bloomberg Convertible Securities ETF in the 4th quarter valued at approximately $31,000. ORG Partners LLC acquired a new stake in SPDR Bloomberg Convertible Securities ETF in the second quarter valued at $53,000. Future Financial Wealth Managment LLC acquired a new stake in shares of SPDR Bloomberg Convertible Securities ETF in the first quarter valued at about $73,000. Finally, Waterloo Capital L.P. bought a new stake in shares of SPDR Bloomberg Convertible Securities ETF in the 4th quarter valued at $232,000.

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.