Kingswood Wealth Advisors LLC Purchases 2,893 Shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB)

Kingswood Wealth Advisors LLC raised its holdings in shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 18.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 18,964 shares of the exchange traded fund’s stock after acquiring an additional 2,893 shares during the quarter. Kingswood Wealth Advisors LLC’s holdings in SPDR Bloomberg Convertible Securities ETF were worth $1,477,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in CWB. JPMorgan Chase & Co. raised its stake in SPDR Bloomberg Convertible Securities ETF by 20.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 120,893 shares of the exchange traded fund’s stock valued at $9,259,000 after purchasing an additional 20,878 shares during the period. Highline Wealth Partners LLC bought a new stake in shares of SPDR Bloomberg Convertible Securities ETF during the third quarter valued at approximately $862,000. Dorsey Wright & Associates purchased a new position in shares of SPDR Bloomberg Convertible Securities ETF in the third quarter worth $571,000. Sonata Capital Group Inc. bought a new position in shares of SPDR Bloomberg Convertible Securities ETF during the third quarter worth $501,000. Finally, Duncan Williams Asset Management LLC purchased a new position in SPDR Bloomberg Convertible Securities ETF during the third quarter valued at $395,000.

SPDR Bloomberg Convertible Securities ETF Trading Down 0.8 %

Shares of NYSEARCA CWB opened at $79.88 on Tuesday. The firm’s fifty day moving average is $79.93 and its two-hundred day moving average is $76.82. SPDR Bloomberg Convertible Securities ETF has a 52-week low of $69.45 and a 52-week 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.