Laraway Financial Inc Invests $872,000 in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB)

Laraway Financial Inc purchased a new position in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWBGet Rating) during the fourth quarter, HoldingsChannel reports. The firm purchased 10,520 shares of the exchange traded fund’s stock, valued at approximately $872,000.

Other large investors have also added to or reduced their stakes in the company. Jones Financial Companies Lllp purchased a new stake in SPDR Bloomberg Convertible Securities ETF in the third quarter worth about $30,000. First Horizon Advisors Inc. lifted its stake in SPDR Bloomberg Convertible Securities ETF by 240.7% in the fourth quarter. First Horizon Advisors Inc. now owns 477 shares of the exchange traded fund’s stock worth $38,000 after acquiring an additional 337 shares during the period. Retirement Planning Co of New England Inc. purchased a new stake in SPDR Bloomberg Convertible Securities ETF in the fourth quarter worth about $50,000. EverSource Wealth Advisors LLC purchased a new stake in SPDR Bloomberg Convertible Securities ETF in the fourth quarter worth about $67,000. Finally, S.A. Mason LLC lifted its stake in SPDR Bloomberg Convertible Securities ETF by 16.6% in the fourth quarter. S.A. Mason LLC now owns 985 shares of the exchange traded fund’s stock worth $82,000 after acquiring an additional 140 shares during the period.

NYSEARCA:CWB traded up $0.08 during mid-day trading on Thursday, reaching $66.81. The company’s stock had a trading volume of 70,618 shares, compared to its average volume of 1,011,065. SPDR Bloomberg Convertible Securities ETF has a 1 year low of $63.86 and a 1 year high of $89.78. The stock has a fifty day moving average of $73.12 and a 200-day moving average of $78.13.

SPDR Bloomberg Convertible Securities ETF Profile (Get Rating)

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.

Further Reading

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:CWBGet Rating).

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

Receive News & Ratings for SPDR Bloomberg Convertible Securities ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Bloomberg Convertible Securities ETF and related companies with MarketBeat.com's FREE daily email newsletter.