SPDR Bloomberg Barclays Convertible Securities ETF (NYSEARCA:CWB) Shares Bought by Cambridge Investment Research Advisors Inc.

Cambridge Investment Research Advisors Inc. raised its holdings in SPDR Bloomberg Barclays Convertible Securities ETF (NYSEARCA:CWB) by 5.8% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 400,013 shares of the exchange traded fund’s stock after purchasing an additional 21,781 shares during the period. Cambridge Investment Research Advisors Inc. owned approximately 0.52% of SPDR Bloomberg Barclays Convertible Securities ETF worth $20,901,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of CWB. Deutsche Bank AG acquired a new stake in shares of SPDR Bloomberg Barclays Convertible Securities ETF during the fourth quarter worth about $99,772,000. Montecito Bank & Trust lifted its stake in shares of SPDR Bloomberg Barclays Convertible Securities ETF by 4.9% in the 1st quarter. Montecito Bank & Trust now owns 97,423 shares of the exchange traded fund’s stock valued at $5,090,000 after purchasing an additional 4,585 shares during the last quarter. MD Financial Management Inc. lifted its stake in shares of SPDR Bloomberg Barclays Convertible Securities ETF by 2.5% in the 4th quarter. MD Financial Management Inc. now owns 1,669,271 shares of the exchange traded fund’s stock valued at $78,105,000 after purchasing an additional 40,641 shares during the last quarter. WESPAC Advisors LLC acquired a new position in shares of SPDR Bloomberg Barclays Convertible Securities ETF in the 1st quarter valued at $1,622,000. Finally, Adviser Investments LLC lifted its stake in shares of SPDR Bloomberg Barclays Convertible Securities ETF by 1,007.6% in the 4th quarter. Adviser Investments LLC now owns 46,607 shares of the exchange traded fund’s stock valued at $2,181,000 after purchasing an additional 42,399 shares during the last quarter.

Separately, Scotiabank reaffirmed an “average” rating and issued a $33.00 price target on shares of SPDR Bloomberg Barclays Convertible Securities ETF in a research note on Friday, February 22nd.

Shares of CWB traded down $0.22 during mid-day trading on Friday, reaching $51.87. The company’s stock had a trading volume of 373,100 shares, compared to its average volume of 971,687. SPDR Bloomberg Barclays Convertible Securities ETF has a 12-month low of $45.13 and a 12-month high of $54.99.

The firm also recently disclosed a monthly dividend, which was paid on Friday, June 7th. Stockholders of record on Tuesday, June 4th were issued a $0.0786 dividend. The ex-dividend date was Monday, June 3rd. This represents a $0.94 dividend on an annualized basis and a dividend yield of 1.82%. This is an increase from SPDR Bloomberg Barclays Convertible Securities ETF’s previous monthly dividend of $0.07.

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SPDR Bloomberg Barclays 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.

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Institutional Ownership by Quarter for SPDR Bloomberg Barclays Convertible Securities ETF (NYSEARCA:CWB)

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