NewSquare Capital LLC Invests $7.28 Million in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB)

NewSquare Capital LLC purchased a new position in shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWBFree Report) in the 4th quarter, HoldingsChannel reports. The institutional investor purchased 93,406 shares of the exchange traded fund’s stock, valued at approximately $7,275,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Boyd Watterson Asset Management LLC OH purchased a new position in SPDR Bloomberg Convertible Securities ETF during the 4th quarter worth $27,000. Thurston Springer Miller Herd & Titak Inc. increased its position in SPDR Bloomberg Convertible Securities ETF by 117.1% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 471 shares of the exchange traded fund’s stock worth $37,000 after purchasing an additional 254 shares during the period. Roxbury Financial LLC purchased a new position in shares of SPDR Bloomberg Convertible Securities ETF during the 4th quarter worth approximately $45,000. SBI Securities Co. Ltd. acquired a new stake in shares of SPDR Bloomberg Convertible Securities ETF in the 4th quarter valued at approximately $152,000. Finally, Navellier & Associates Inc. purchased a new stake in shares of SPDR Bloomberg Convertible Securities ETF in the fourth quarter valued at approximately $201,000.

SPDR Bloomberg Convertible Securities ETF Stock Down 0.3 %

Shares of CWB stock opened at $77.83 on Wednesday. SPDR Bloomberg Convertible Securities ETF has a 1-year low of $69.45 and a 1-year high of $82.24. The business’s fifty day moving average price is $79.61 and its 200 day moving average price is $78.13.

About SPDR Bloomberg Convertible Securities ETF

(Free Report)

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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Want to see what other hedge funds are holding CWB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWBFree Report).

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

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