Wells Financial Advisors INC Lowers Stake in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB)

Wells Financial Advisors INC cut its stake in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 9.7% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,570 shares of the exchange traded fund’s stock after selling 275 shares during the period. Wells Financial Advisors INC’s holdings in SPDR Bloomberg Convertible Securities ETF were worth $200,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. boosted its position in SPDR Bloomberg Convertible Securities ETF by 117.1% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 471 shares of the exchange traded fund’s stock valued at $37,000 after buying an additional 254 shares during the period. Boyd Watterson Asset Management LLC OH bought a new stake in shares of SPDR Bloomberg Convertible Securities ETF in the 4th quarter valued at about $27,000. Roxbury Financial LLC purchased a new stake in SPDR Bloomberg Convertible Securities ETF during the 4th quarter valued at about $45,000. First Merchants Corp grew its position in SPDR Bloomberg Convertible Securities ETF by 16.4% during the 4th quarter. First Merchants Corp now owns 10,655 shares of the exchange traded fund’s stock worth $830,000 after acquiring an additional 1,505 shares during the last quarter. Finally, Private Trust Co. NA increased its stake in SPDR Bloomberg Convertible Securities ETF by 37.8% in the 3rd quarter. Private Trust Co. NA now owns 5,677 shares of the exchange traded fund’s stock worth $435,000 after purchasing an additional 1,558 shares during the period.

SPDR Bloomberg Convertible Securities ETF Trading Up 0.0 %

Shares of CWB stock opened at $78.85 on Wednesday. SPDR Bloomberg Convertible Securities ETF has a fifty-two week low of $69.45 and a fifty-two week high of $82.24. The stock has a 50 day moving average price of $79.29 and a two-hundred day moving average price of $78.57.

About SPDR Bloomberg Convertible Securities ETF

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.