Rockland Trust Co. Lowers Stock Holdings in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB)

Rockland Trust Co. reduced its holdings in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 2.4% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 9,533 shares of the exchange traded fund’s stock after selling 232 shares during the quarter. Rockland Trust Co.’s holdings in SPDR Bloomberg Convertible Securities ETF were worth $730,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. BNP Paribas Financial Markets lifted its stake in shares of SPDR Bloomberg Convertible Securities ETF by 234.6% in the 1st quarter. BNP Paribas Financial Markets now owns 279,750 shares of the exchange traded fund’s stock valued at $20,433,000 after purchasing an additional 196,131 shares in the last quarter. State of Tennessee Treasury Department grew its stake in SPDR Bloomberg Convertible Securities ETF by 38.4% during the fourth quarter. State of Tennessee Treasury Department now owns 207,200 shares of the exchange traded fund’s stock worth $14,949,000 after buying an additional 57,500 shares during the period. Advisors Preferred LLC grew its stake in SPDR Bloomberg Convertible Securities ETF by 263.8% during the first quarter. Advisors Preferred LLC now owns 200,560 shares of the exchange traded fund’s stock worth $14,597,000 after buying an additional 145,433 shares during the period. Goodman Advisory Group LLC increased its position in shares of SPDR Bloomberg Convertible Securities ETF by 16,007.9% in the second quarter. Goodman Advisory Group LLC now owns 154,153 shares of the exchange traded fund’s stock worth $11,108,000 after acquiring an additional 153,196 shares in the last quarter. Finally, Arkos Global Advisors raised its stake in shares of SPDR Bloomberg Convertible Securities ETF by 2.1% in the 2nd quarter. Arkos Global Advisors now owns 70,130 shares of the exchange traded fund’s stock valued at $5,054,000 after acquiring an additional 1,442 shares during the period.

SPDR Bloomberg Convertible Securities ETF Stock Up 0.6 %

SPDR Bloomberg Convertible Securities ETF stock traded up $0.45 during trading on Friday, reaching $76.66. 474,608 shares of the company’s stock were exchanged, compared to its average volume of 533,034. SPDR Bloomberg Convertible Securities ETF has a 52-week low of $64.56 and a 52-week high of $76.73. The company’s 50-day moving average is $73.91 and its two-hundred day moving average is $72.64.

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.