ST Germain D J Co. Inc. Sells 938 Shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB)

ST Germain D J Co. Inc. trimmed its position in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 1.0% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 91,192 shares of the exchange traded fund’s stock after selling 938 shares during the period. ST Germain D J Co. Inc.’s holdings in SPDR Bloomberg Convertible Securities ETF were worth $7,103,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of the company. Goodman Advisory Group LLC increased its stake in shares of SPDR Bloomberg Convertible Securities ETF by 16,007.9% in the second quarter. Goodman Advisory Group LLC now owns 154,153 shares of the exchange traded fund’s stock valued at $11,108,000 after buying an additional 153,196 shares during the period. JPMorgan Chase & Co. boosted its holdings in SPDR Bloomberg Convertible Securities ETF by 20.9% in the third quarter. JPMorgan Chase & Co. now owns 120,893 shares of the exchange traded fund’s stock valued at $9,259,000 after acquiring an additional 20,878 shares during the last quarter. Highline Wealth Partners LLC acquired a new stake in SPDR Bloomberg Convertible Securities ETF during the 3rd quarter valued at approximately $862,000. Dorsey Wright & Associates bought a new position in SPDR Bloomberg Convertible Securities ETF during the 3rd quarter worth approximately $571,000. Finally, Sonata Capital Group Inc. acquired a new position in shares of SPDR Bloomberg Convertible Securities ETF in the 3rd quarter worth approximately $501,000.

SPDR Bloomberg Convertible Securities ETF Stock Performance

CWB traded down $0.76 during trading on Friday, reaching $77.72. 257,806 shares of the stock traded hands, compared to its average volume of 661,935. The stock’s 50-day moving average is $79.72 and its 200 day moving average is $76.15. SPDR Bloomberg Convertible Securities ETF has a 12 month low of $69.45 and a 12 month high of $82.24.

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.