SPDR Bloomberg Convertible Securities ETF $CWB Stock Sold by Elevation Capital Advisory LLC
by Doug Wharley · The Cerbat GemElevation Capital Advisory LLC trimmed its stake in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB – Free Report) by 38.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 31,728 shares of the exchange traded fund’s stock after selling 19,508 shares during the period. Elevation Capital Advisory LLC’s holdings in SPDR Bloomberg Convertible Securities ETF were worth $3,210,000 as of its most recent SEC filing.
Several other hedge funds also recently made changes to their positions in the company. Modera Wealth Management LLC purchased a new stake in SPDR Bloomberg Convertible Securities ETF in the third quarter worth about $13,040,000. International Assets Investment Management LLC increased its position in SPDR Bloomberg Convertible Securities ETF by 2,013.3% during the 3rd quarter. International Assets Investment Management LLC now owns 100,000 shares of the exchange traded fund’s stock valued at $10,118,000 after buying an additional 95,268 shares in the last quarter. D.A. Davidson & CO. purchased a new position in SPDR Bloomberg Convertible Securities ETF during the third quarter valued at $525,000. Oppenheimer & Co. Inc. bought a new stake in SPDR Bloomberg Convertible Securities ETF in the third quarter worth $13,062,000. Finally, Aegis Wealth Management Inc. boosted its holdings in SPDR Bloomberg Convertible Securities ETF by 8.3% in the third quarter. Aegis Wealth Management Inc. now owns 131,985 shares of the exchange traded fund’s stock worth $13,354,000 after acquiring an additional 10,102 shares in the last quarter.
SPDR Bloomberg Convertible Securities ETF Stock Performance
Shares of NYSEARCA:CWB opened at $94.73 on Friday. SPDR Bloomberg Convertible Securities ETF has a 1-year low of $85.37 and a 1-year high of $112.02. The business has a fifty day moving average price of $100.39 and a 200-day moving average price of $100.12.
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. Convertible Bond >$500MM Index (the Index), the Fund employs a sampling strategy, which means that the Fund is not required to purchase all of the securities represented in the Index.
Read More
- Five stocks we like better than SPDR Bloomberg Convertible Securities ETF
- Starbucks Says Its Turnaround Is Done—The Numbers Make a Strong Case (With 1 Catch)
- 3 Robotics ETFs, 3 Different Ways to Bet on Humanoid Robots
- Can Microsoft Turn a Leaner Workforce and Record AI Spending Into Bigger Profits?
- Why JFrog Could Be the Software Infrastructure Company to Beat in the AI Boom
Want to see what other hedge funds are holding CWB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB – Free Report).