6,535 Shares in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) Purchased by Sonata Capital Group Inc.

Sonata Capital Group Inc. purchased a new stake in shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) in the third quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 6,535 shares of the exchange traded fund’s stock, valued at approximately $501,000.

Several other hedge funds have also bought and sold shares of CWB. EverSource Wealth Advisors LLC lifted its holdings in shares of SPDR Bloomberg Convertible Securities ETF by 291.8% during the first quarter. EverSource Wealth Advisors LLC now owns 380 shares of the exchange traded fund’s stock valued at $27,000 after purchasing an additional 283 shares during the last quarter. ORG Partners LLC purchased a new position in SPDR Bloomberg Convertible Securities ETF during the second quarter valued at $53,000. Concourse Financial Group Securities Inc. raised its stake in SPDR Bloomberg Convertible Securities ETF by 106.6% during the third quarter. Concourse Financial Group Securities Inc. now owns 1,907 shares of the exchange traded fund’s stock valued at $146,000 after buying an additional 984 shares during the last quarter. Future Financial Wealth Managment LLC bought a new stake in SPDR Bloomberg Convertible Securities ETF in the third quarter worth $77,000. Finally, Oakworth Capital Inc. purchased a new stake in shares of SPDR Bloomberg Convertible Securities ETF in the third quarter worth $92,000.

SPDR Bloomberg Convertible Securities ETF Price Performance

Shares of NYSEARCA:CWB traded up $0.14 on Friday, hitting $78.73. 110,211 shares of the company traded hands, compared to its average volume of 539,108. The stock has a 50 day simple moving average of $76.04 and a 200-day simple moving average of $73.54. SPDR Bloomberg Convertible Securities ETF has a 52 week low of $65.60 and a 52 week high of $78.91.

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.