Main Street Group LTD Sells 343 Shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB)

Main Street Group LTD reduced its stake in shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 15.5% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,877 shares of the exchange traded fund’s stock after selling 343 shares during the quarter. Main Street Group LTD’s holdings in SPDR Bloomberg Convertible Securities ETF were worth $135,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in CWB. EverSource Wealth Advisors LLC boosted its position in SPDR Bloomberg Convertible Securities ETF by 291.8% in the 1st 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 position in SPDR Bloomberg Convertible Securities ETF in the fourth quarter worth approximately $31,000. Burns J W & Co. Inc. NY raised its position in 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 valued at $1,539,000 after purchasing an additional 565 shares in the last quarter. ORG Partners LLC purchased a new stake in shares of SPDR Bloomberg Convertible Securities ETF in the 2nd quarter worth $53,000. Finally, Future Financial Wealth Managment LLC bought a new position in shares of SPDR Bloomberg Convertible Securities ETF during the 1st quarter worth $73,000.

SPDR Bloomberg Convertible Securities ETF Stock Performance

Shares of CWB stock traded down $0.39 on Friday, hitting $72.89. The stock had a trading volume of 359,093 shares, compared to its average volume of 483,712. SPDR Bloomberg Convertible Securities ETF has a one year low of $64.56 and a one year high of $74.35. The business has a 50 day moving average price of $72.95 and a 200 day moving average price of $72.14.

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.