Adviser Investments LLC Has $1.83 Million Stake in SPDR Bloomberg Barclays Convertible Securities ETF (CWB)

Adviser Investments LLC cut its position in SPDR Bloomberg Barclays Convertible Securities ETF (NYSEARCA:CWB) by 24.7% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 35,099 shares of the exchange traded fund’s stock after selling 11,508 shares during the period. Adviser Investments LLC’s holdings in SPDR Bloomberg Barclays Convertible Securities ETF were worth $1,834,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently made changes to their positions in CWB. Shelton Capital Management grew its stake in SPDR Bloomberg Barclays Convertible Securities ETF by 2.8% during the fourth quarter. Shelton Capital Management now owns 7,947 shares of the exchange traded fund’s stock valued at $372,000 after acquiring an additional 213 shares in the last quarter. Telos Capital Management Inc. grew its stake in SPDR Bloomberg Barclays Convertible Securities ETF by 5.7% during the fourth quarter. Telos Capital Management Inc. now owns 4,445 shares of the exchange traded fund’s stock valued at $208,000 after acquiring an additional 239 shares in the last quarter. Cetera Investment Advisers grew its stake in SPDR Bloomberg Barclays Convertible Securities ETF by 5.1% during the fourth quarter. Cetera Investment Advisers now owns 6,203 shares of the exchange traded fund’s stock valued at $289,000 after acquiring an additional 300 shares in the last quarter. Goelzer Investment Management Inc. grew its stake in SPDR Bloomberg Barclays Convertible Securities ETF by 0.3% during the fourth quarter. Goelzer Investment Management Inc. now owns 96,770 shares of the exchange traded fund’s stock valued at $4,528,000 after acquiring an additional 333 shares in the last quarter. Finally, Brasada Capital Management LP grew its stake in SPDR Bloomberg Barclays Convertible Securities ETF by 4.3% during the fourth quarter. Brasada Capital Management LP now owns 9,298 shares of the exchange traded fund’s stock valued at $435,000 after acquiring an additional 380 shares in the last quarter.

Separately, Scotiabank reaffirmed an “average” rating and set a $33.00 target price on shares of SPDR Bloomberg Barclays Convertible Securities ETF in a research note on Friday, February 22nd.

CWB opened at $52.34 on Friday. SPDR Bloomberg Barclays Convertible Securities ETF has a fifty-two week low of $45.13 and a fifty-two week high of $54.99.

The business also recently announced a monthly dividend, which was paid on Tuesday, May 7th. Investors of record on Thursday, May 2nd were paid a dividend of $0.0683 per share. The ex-dividend date was Wednesday, May 1st. This represents a $0.82 annualized dividend and a yield of 1.57%.

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About SPDR Bloomberg Barclays 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.

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Institutional Ownership by Quarter for SPDR Bloomberg Barclays Convertible Securities ETF (NYSEARCA:CWB)

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