Eastern Bank Makes New $123,000 Investment in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB)

Eastern Bank acquired a new stake in shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm acquired 1,605 shares of the exchange traded fund’s stock, valued at approximately $123,000.

Other large investors also recently modified their holdings of the company. Oakworth Capital Inc. bought a new stake in SPDR Bloomberg Convertible Securities ETF during the third quarter valued at about $92,000. Trust Co. of Vermont purchased a new position in SPDR Bloomberg Convertible Securities ETF in the 3rd quarter worth approximately $119,000. Concourse Financial Group Securities Inc. boosted its stake in SPDR Bloomberg Convertible Securities ETF by 106.6% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 1,907 shares of the exchange traded fund’s stock worth $146,000 after purchasing an additional 984 shares during the period. Future Financial Wealth Managment LLC purchased a new stake in SPDR Bloomberg Convertible Securities ETF during the 3rd quarter valued at approximately $77,000. Finally, Duncan Williams Asset Management LLC bought a new stake in shares of SPDR Bloomberg Convertible Securities ETF during the third quarter valued at approximately $395,000.

SPDR Bloomberg Convertible Securities ETF Stock Up 0.4 %

CWB opened at $77.31 on Friday. The company has a fifty day moving average of $75.29 and a 200 day moving average of $73.09. SPDR Bloomberg Convertible Securities ETF has a fifty-two week low of $64.56 and a fifty-two week high of $77.75.

SPDR Bloomberg Convertible Securities ETF Company 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.