Highline Wealth Partners LLC Sells 3,746 Shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB)

Highline Wealth Partners LLC decreased its position in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 33.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 7,506 shares of the exchange traded fund’s stock after selling 3,746 shares during the quarter. Highline Wealth Partners LLC’s holdings in SPDR Bloomberg Convertible Securities ETF were worth $585,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in CWB. Goodman Advisory Group LLC increased its stake in shares of SPDR Bloomberg Convertible Securities ETF by 16,007.9% in the 2nd 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. JPMorgan Chase & Co. increased its stake 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 purchasing an additional 20,878 shares in the last quarter. Arkos Global Advisors lifted its holdings in shares of SPDR Bloomberg Convertible Securities ETF by 2.1% during the second quarter. Arkos Global Advisors now owns 70,130 shares of the exchange traded fund’s stock valued at $5,054,000 after purchasing an additional 1,442 shares during the last quarter. Mount Lucas Management LP boosted its position in shares of SPDR Bloomberg Convertible Securities ETF by 3.0% in the 3rd quarter. Mount Lucas Management LP now owns 35,946 shares of the exchange traded fund’s stock worth $2,753,000 after purchasing an additional 1,046 shares in the last quarter. Finally, Dorsey Wright & Associates purchased a new stake in shares of SPDR Bloomberg Convertible Securities ETF in the 3rd quarter worth approximately $571,000.

SPDR Bloomberg Convertible Securities ETF Stock Down 0.7 %

NYSEARCA:CWB traded down $0.52 during trading hours on Friday, reaching $77.96. 319,842 shares of the company traded hands, compared to its average volume of 671,200. The business’s 50-day moving average price is $79.72 and its two-hundred day moving average price is $76.15. SPDR Bloomberg Convertible Securities ETF has a 1 year low of $69.45 and a 1 year 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.