150,634 Shares in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) Acquired by Goodman Advisory Group LLC

Goodman Advisory Group LLC bought a new position in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) in the fourth quarter, Holdings Channel reports. The firm bought 150,634 shares of the exchange traded fund’s stock, valued at approximately $10,868,000. SPDR Bloomberg Convertible Securities ETF accounts for approximately 3.7% of Goodman Advisory Group LLC’s investment portfolio, making the stock its 7th largest position.

A number of other institutional investors also recently bought and sold shares of the stock. Ameriprise Financial Inc. raised its position in SPDR Bloomberg Convertible Securities ETF by 74.5% during the 1st quarter. Ameriprise Financial Inc. now owns 1,048,670 shares of the exchange traded fund’s stock worth $70,393,000 after buying an additional 447,824 shares during the last quarter. NewSquare Capital LLC raised its position in SPDR Bloomberg Convertible Securities ETF by 349,106.3% during the 3rd quarter. NewSquare Capital LLC now owns 111,746 shares of the exchange traded fund’s stock worth $7,576,000 after buying an additional 111,714 shares during the last quarter. Toronto Dominion Bank purchased a new position in SPDR Bloomberg Convertible Securities ETF during the 3rd quarter worth approximately $6,102,000. BTS Asset Management Inc. raised its position in SPDR Bloomberg Convertible Securities ETF by 1,307.2% during the 4th quarter. BTS Asset Management Inc. now owns 86,219 shares of the exchange traded fund’s stock worth $6,228,000 after buying an additional 80,092 shares during the last quarter. Finally, Advisors Preferred LLC raised its position in SPDR Bloomberg Convertible Securities ETF by 38.2% during the 3rd quarter. Advisors Preferred LLC now owns 182,429 shares of the exchange traded fund’s stock worth $12,298,000 after buying an additional 50,463 shares during the last quarter.

SPDR Bloomberg Convertible Securities ETF Stock Performance

CWB traded down $0.11 during trading on Wednesday, reaching $70.03. 135,086 shares of the company’s stock were exchanged, compared to its average volume of 553,020. SPDR Bloomberg Convertible Securities ETF has a 1 year low of $64.56 and a 1 year high of $73.43. The company’s fifty day simple moving average is $71.94 and its 200-day simple moving average is $69.98.

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.