SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) is Goodman Advisory Group LLC’s 9th Largest Position

Goodman Advisory Group LLC boosted its holdings in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 5.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 160,760 shares of the exchange traded fund’s stock after acquiring an additional 8,873 shares during the period. SPDR Bloomberg Convertible Securities ETF accounts for about 3.7% of Goodman Advisory Group LLC’s investment portfolio, making the stock its 9th largest position. Goodman Advisory Group LLC owned about 0.33% of SPDR Bloomberg Convertible Securities ETF worth $12,522,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. Finward Bancorp acquired a new stake in shares of SPDR Bloomberg Convertible Securities ETF in the fourth quarter valued at approximately $5,969,000. Wedbush Securities Inc. purchased a new position in SPDR Bloomberg Convertible Securities ETF during the fourth quarter worth $460,000. CIBC Private Wealth Group LLC raised its holdings in shares of SPDR Bloomberg Convertible Securities ETF by 18.5% in the fourth quarter. CIBC Private Wealth Group LLC now owns 4,616 shares of the exchange traded fund’s stock worth $362,000 after acquiring an additional 721 shares during the last quarter. ARK & TLK Investments LLC boosted its stake in shares of SPDR Bloomberg Convertible Securities ETF by 7.9% during the fourth quarter. ARK & TLK Investments LLC now owns 16,480 shares of the exchange traded fund’s stock valued at $1,284,000 after acquiring an additional 1,200 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its position in SPDR Bloomberg Convertible Securities ETF by 34.6% during the 4th quarter. JPMorgan Chase & Co. now owns 162,709 shares of the exchange traded fund’s stock worth $12,673,000 after purchasing an additional 41,816 shares in the last quarter.

SPDR Bloomberg Convertible Securities ETF Stock Performance

NYSEARCA:CWB opened at $74.63 on Friday. SPDR Bloomberg Convertible Securities ETF has a 12-month low of $69.45 and a 12-month high of $82.24. The company’s 50-day moving average is $77.27 and its two-hundred day moving average is $78.47.

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.