First Hawaiian Bank Trims Stake in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB)

First Hawaiian Bank cut its stake in shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 0.7% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 35,272 shares of the exchange traded fund’s stock after selling 265 shares during the quarter. First Hawaiian Bank owned 0.07% of SPDR Bloomberg Convertible Securities ETF worth $2,467,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of CWB. Ancora Advisors LLC lifted its position in SPDR Bloomberg Convertible Securities ETF by 623.6% during the fourth quarter. Ancora Advisors LLC now owns 398 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 343 shares during the last quarter. Worth Asset Management LLC purchased a new stake in SPDR Bloomberg Convertible Securities ETF during the first quarter valued at about $34,000. Creative Financial Designs Inc. ADV raised its position in SPDR Bloomberg Convertible Securities ETF by 82.8% during the first quarter. Creative Financial Designs Inc. ADV now owns 541 shares of the exchange traded fund’s stock valued at $36,000 after purchasing an additional 245 shares in the last quarter. Coppell Advisory Solutions Corp. purchased a new stake in SPDR Bloomberg Convertible Securities ETF during the fourth quarter valued at about $39,000. Finally, Live Oak Investment Partners purchased a new stake in SPDR Bloomberg Convertible Securities ETF during the fourth quarter valued at about $56,000.

SPDR Bloomberg Convertible Securities ETF Trading Up 0.5 %

Shares of NYSEARCA CWB opened at $69.41 on Friday. The firm’s 50 day simple moving average is $70.04 and its two-hundred day simple moving average is $68.11. SPDR Bloomberg Convertible Securities ETF has a one year low of $62.22 and a one year high of $71.99.

About SPDR Bloomberg Convertible Securities ETF

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.