Burke & Herbert Bank & Trust Co. Takes $273,000 Position in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB)

Burke & Herbert Bank & Trust Co. purchased a new position in shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 3,790 shares of the exchange traded fund’s stock, valued at approximately $273,000.

Several other hedge funds have also added to or reduced their stakes in CWB. EverSource Wealth Advisors LLC boosted its stake in shares of SPDR Bloomberg Convertible Securities ETF by 291.8% in the first quarter. EverSource Wealth Advisors LLC now owns 380 shares of the exchange traded fund’s stock valued at $27,000 after buying an additional 283 shares during the period. ICA Group Wealth Management LLC bought a new stake in shares of SPDR Bloomberg Convertible Securities ETF during the 4th quarter valued at $31,000. Baystate Wealth Management LLC grew its holdings in shares of SPDR Bloomberg Convertible Securities ETF by 124.5% during the 4th quarter. Baystate Wealth Management LLC now owns 907 shares of the exchange traded fund’s stock worth $65,000 after purchasing an additional 503 shares in the last quarter. Burns J W & Co. Inc. NY grew its holdings in shares of SPDR Bloomberg Convertible Securities ETF by 2.8% during the 1st quarter. Burns J W & Co. Inc. NY now owns 21,065 shares of the exchange traded fund’s stock worth $1,539,000 after purchasing an additional 565 shares in the last quarter. Finally, Future Financial Wealth Managment LLC bought a new position in shares of SPDR Bloomberg Convertible Securities ETF in the first quarter worth $73,000.

SPDR Bloomberg Convertible Securities ETF Stock Up 0.6 %

CWB opened at $72.44 on Wednesday. SPDR Bloomberg Convertible Securities ETF has a twelve month low of $64.56 and a twelve month high of $74.30. The company has a 50-day simple moving average of $72.32 and a 200 day simple moving average of $71.91.

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.