Boyd Watterson Asset Management LLC OH Invests $27,000 in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB)

Boyd Watterson Asset Management LLC OH bought a new stake in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) in the 4th quarter, HoldingsChannel reports. The institutional investor bought 346 shares of the exchange traded fund’s stock, valued at approximately $27,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Advisors Preferred LLC boosted its position in SPDR Bloomberg Convertible Securities ETF by 36.4% in the fourth quarter. Advisors Preferred LLC now owns 111,625 shares of the exchange traded fund’s stock worth $8,707,000 after purchasing an additional 29,759 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of 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 worth $9,259,000 after purchasing an additional 20,878 shares during the period. Highline Wealth Partners LLC purchased a new position in shares of SPDR Bloomberg Convertible Securities ETF in the 3rd quarter worth about $862,000. Dorsey Wright & Associates bought a new position in SPDR Bloomberg Convertible Securities ETF during the third quarter valued at about $571,000. Finally, Sonata Capital Group Inc. purchased a new stake in SPDR Bloomberg Convertible Securities ETF during the third quarter worth about $501,000.

SPDR Bloomberg Convertible Securities ETF Stock Down 1.2 %

Shares of CWB stock opened at $79.87 on Friday. SPDR Bloomberg Convertible Securities ETF has a 52 week low of $69.45 and a 52 week high of $82.24. The firm’s 50-day simple moving average is $79.68 and its two-hundred day simple moving average is $77.76.

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.