Polaris Greystone Financial Group LLC Has $35.32 Million Stake in SPDR Barclays Capital Convertible SecETF (CWB)

Polaris Greystone Financial Group LLC grew its holdings in SPDR Barclays Capital Convertible SecETF (NYSE:CWB) by 11.2% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 691,520 shares of the exchange traded fund’s stock after buying an additional 69,719 shares during the quarter. SPDR Barclays Capital Convertible SecETF makes up 3.1% of Polaris Greystone Financial Group LLC’s portfolio, making the stock its 3rd largest position. Polaris Greystone Financial Group LLC’s holdings in SPDR Barclays Capital Convertible SecETF were worth $35,316,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Parkside Financial Bank & Trust acquired a new stake in shares of SPDR Barclays Capital Convertible SecETF in the third quarter valued at $102,000. BB&T Investment Services Inc. acquired a new stake in shares of SPDR Barclays Capital Convertible SecETF in the second quarter valued at $108,000. Alken Asset Management Ltd. acquired a new stake in shares of SPDR Barclays Capital Convertible SecETF in the second quarter valued at $118,000. UBS Asset Management Americas Inc. increased its stake in shares of SPDR Barclays Capital Convertible SecETF by 12.3% in the second quarter. UBS Asset Management Americas Inc. now owns 2,680 shares of the exchange traded fund’s stock valued at $133,000 after buying an additional 293 shares in the last quarter. Finally, Advisory Services Network LLC increased its stake in shares of SPDR Barclays Capital Convertible SecETF by 54.5% in the second quarter. Advisory Services Network LLC now owns 2,907 shares of the exchange traded fund’s stock valued at $144,000 after buying an additional 1,025 shares in the last quarter.

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Shares of SPDR Barclays Capital Convertible SecETF (CWB) traded up $0.33 during mid-day trading on Monday, reaching $51.94. The company had a trading volume of 19,800 shares. SPDR Barclays Capital Convertible SecETF has a 1 year low of $44.20 and a 1 year high of $51.94.

The firm also recently announced a monthly dividend, which will be paid on Thursday, November 9th. Investors of record on Thursday, November 2nd will be given a dividend of $0.0928 per share. The ex-dividend date of this dividend is Wednesday, November 1st. This represents a $1.11 dividend on an annualized basis and a yield of 2.14%.

Separately, Canaccord Genuity restated a “hold” rating and issued a $33.00 target price on shares of SPDR Barclays Capital Convertible SecETF in a research note on Tuesday, October 31st.

SPDR Barclays Capital Convertible SecETF 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.

Institutional Ownership by Quarter for SPDR Barclays Capital Convertible SecETF (NYSE:CWB)

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