3,025 Shares in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) Bought by Bank of New York Mellon Corp

Bank of New York Mellon Corp acquired a new stake in shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 3,025 shares of the exchange traded fund’s stock, valued at approximately $236,000.

A number of other hedge funds have also bought and sold shares of CWB. JPMorgan Chase & Co. boosted its position in shares of SPDR Bloomberg Convertible Securities ETF by 20.9% during the third quarter. JPMorgan Chase & Co. now owns 120,893 shares of the exchange traded fund’s stock valued at $9,259,000 after buying an additional 20,878 shares during the period. Advisors Preferred LLC raised its position in shares of SPDR Bloomberg Convertible Securities ETF by 36.4% in the 4th quarter. Advisors Preferred LLC now owns 111,625 shares of the exchange traded fund’s stock worth $8,707,000 after acquiring an additional 29,759 shares in the last quarter. Kingswood Wealth Advisors LLC lifted its position in shares of SPDR Bloomberg Convertible Securities ETF by 18.0% during the fourth quarter. Kingswood Wealth Advisors LLC now owns 18,964 shares of the exchange traded fund’s stock valued at $1,477,000 after buying an additional 2,893 shares during the last quarter. First Merchants Corp boosted its stake in SPDR Bloomberg Convertible Securities ETF by 16.4% in the fourth quarter. First Merchants Corp now owns 10,655 shares of the exchange traded fund’s stock valued at $830,000 after acquiring an additional 1,505 shares in the last quarter. Finally, Dorsey Wright & Associates purchased a new position in SPDR Bloomberg Convertible Securities ETF during the 3rd quarter worth $571,000.

SPDR Bloomberg Convertible Securities ETF Stock Down 1.1 %

Shares of SPDR Bloomberg Convertible Securities ETF stock opened at $76.93 on Friday. The company has a 50 day moving average price of $79.18 and a 200 day moving average price of $78.62. SPDR Bloomberg Convertible Securities ETF has a 52 week low of $69.45 and a 52 week high of $82.24.

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.