Confluence Wealth Services Inc. Sells 250 Shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB)

Confluence Wealth Services Inc. cut its stake in shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 1.6% during the 4th quarter, HoldingsChannel reports. The firm owned 15,135 shares of the exchange traded fund’s stock after selling 250 shares during the period. Confluence Wealth Services Inc.’s holdings in SPDR Bloomberg Convertible Securities ETF were worth $1,218,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in CWB. Future Financial Wealth Managment LLC acquired a new stake in SPDR Bloomberg Convertible Securities ETF during the 3rd quarter worth approximately $77,000. Concourse Financial Group Securities Inc. boosted its position in SPDR Bloomberg Convertible Securities ETF by 106.6% during the 3rd quarter. Concourse Financial Group Securities Inc. now owns 1,907 shares of the exchange traded fund’s stock worth $146,000 after buying an additional 984 shares during the period. Trust Co. of Vermont acquired a new stake in SPDR Bloomberg Convertible Securities ETF during the 3rd quarter worth approximately $119,000. Oakworth Capital Inc. acquired a new stake in SPDR Bloomberg Convertible Securities ETF during the 3rd quarter worth approximately $92,000. Finally, Eastern Bank acquired a new stake in SPDR Bloomberg Convertible Securities ETF during the 3rd quarter worth approximately $123,000.

SPDR Bloomberg Convertible Securities ETF Trading Up 0.3 %

NYSEARCA:CWB opened at $80.18 on Wednesday. The firm’s 50 day simple moving average is $79.86 and its 200 day simple moving average is $77.10. SPDR Bloomberg Convertible Securities ETF has a one year low of $69.45 and a one year high of $82.24.

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.