Rosenblum Silverman Sutton S F Inc. CA Decreases Stock Holdings in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB)

Rosenblum Silverman Sutton S F Inc. CA cut its stake in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 1.3% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 20,658 shares of the exchange traded fund’s stock after selling 280 shares during the quarter. Rosenblum Silverman Sutton S F Inc. CA’s holdings in SPDR Bloomberg Convertible Securities ETF were worth $1,609,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Boyd Watterson Asset Management LLC OH purchased a new position in SPDR Bloomberg Convertible Securities ETF in the 4th quarter valued at approximately $27,000. Thurston Springer Miller Herd & Titak Inc. increased its position in shares of SPDR Bloomberg Convertible Securities ETF by 117.1% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 471 shares of the exchange traded fund’s stock valued at $37,000 after buying an additional 254 shares in the last quarter. Roxbury Financial LLC acquired a new position in shares of SPDR Bloomberg Convertible Securities ETF during the 4th quarter worth $45,000. SBI Securities Co. Ltd. acquired a new stake in SPDR Bloomberg Convertible Securities ETF in the 4th quarter valued at about $152,000. Finally, Navellier & Associates Inc. purchased a new position in SPDR Bloomberg Convertible Securities ETF during the 4th quarter valued at about $201,000.

SPDR Bloomberg Convertible Securities ETF Price Performance

Shares of CWB opened at $74.93 on Friday. SPDR Bloomberg Convertible Securities ETF has a 1-year low of $69.45 and a 1-year high of $82.24. The firm has a 50 day simple moving average of $78.87 and a 200-day simple moving average of $78.66.

SPDR Bloomberg Convertible Securities ETF 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.