Disciplined Investments LLC Sells 21,570 Shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB)

Disciplined Investments LLC decreased its holdings in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 32.5% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 44,810 shares of the exchange traded fund’s stock after selling 21,570 shares during the period. SPDR Bloomberg Convertible Securities ETF comprises approximately 1.7% of Disciplined Investments LLC’s investment portfolio, making the stock its 18th biggest holding. Disciplined Investments LLC owned approximately 0.09% of SPDR Bloomberg Convertible Securities ETF worth $3,134,000 at the end of the most recent quarter.

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

SPDR Bloomberg Convertible Securities ETF Price Performance

Shares of NYSEARCA CWB traded down $0.40 during trading hours on Friday, reaching $69.01. 445,902 shares of the stock were exchanged, compared to its average volume of 1,043,387. SPDR Bloomberg Convertible Securities ETF has a 52 week low of $62.22 and a 52 week high of $71.99. The stock’s fifty day simple moving average is $70.02 and its 200 day simple moving average is $68.12.

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.