Private Advisor Group LLC Purchases 18,477 Shares of SPDR Barclays Capital Convertible SecETF (CWB)

Private Advisor Group LLC increased its position in SPDR Barclays Capital Convertible SecETF (NYSEARCA:CWB) by 18.6% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 117,963 shares of the exchange traded fund’s stock after buying an additional 18,477 shares during the quarter. Private Advisor Group LLC owned 0.15% of SPDR Barclays Capital Convertible SecETF worth $6,085,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently added to or reduced their stakes in the company. Cullen Frost Bankers Inc. increased its stake in SPDR Barclays Capital Convertible SecETF by 1.2% in the 2nd quarter. Cullen Frost Bankers Inc. now owns 4,743 shares of the exchange traded fund’s stock worth $235,000 after purchasing an additional 55 shares during the period. Madden Advisory Services Inc. increased its stake in SPDR Barclays Capital Convertible SecETF by 1.1% in the 2nd quarter. Madden Advisory Services Inc. now owns 14,514 shares of the exchange traded fund’s stock worth $720,000 after purchasing an additional 165 shares during the period. New England Private Wealth Advisors LLC increased its stake in SPDR Barclays Capital Convertible SecETF by 0.5% in the 2nd quarter. New England Private Wealth Advisors LLC now owns 42,709 shares of the exchange traded fund’s stock worth $2,120,000 after purchasing an additional 206 shares during the period. UBS Asset Management Americas Inc. increased its stake in SPDR Barclays Capital Convertible SecETF by 12.3% in the 2nd quarter. UBS Asset Management Americas Inc. now owns 2,680 shares of the exchange traded fund’s stock worth $133,000 after purchasing an additional 293 shares during the period. Finally, HMS Capital Management LLC increased its stake in SPDR Barclays Capital Convertible SecETF by 7.3% in the 2nd quarter. HMS Capital Management LLC now owns 9,588 shares of the exchange traded fund’s stock worth $476,000 after purchasing an additional 649 shares during the period.

A number of brokerages have commented on CWB. Scotiabank reaffirmed a “buy” rating and issued a $42.00 price target on shares of SPDR Barclays Capital Convertible SecETF in a research note on Wednesday, November 22nd. Canaccord Genuity reaffirmed a “hold” rating and issued a $33.00 price target on shares of SPDR Barclays Capital Convertible SecETF in a research note on Tuesday, October 31st. Finally, BMO Capital Markets reaffirmed a “hold” rating and issued a $33.00 price target on shares of SPDR Barclays Capital Convertible SecETF in a research note on Wednesday, November 15th.

Shares of SPDR Barclays Capital Convertible SecETF (NYSEARCA CWB) traded down $0.01 during mid-day trading on Tuesday, reaching $50.87. The company had a trading volume of 678,200 shares, compared to its average volume of 820,894. SPDR Barclays Capital Convertible SecETF has a 12 month low of $45.05 and a 12 month high of $52.67.

The company also recently declared a monthly dividend, which will be paid on Monday, December 11th. Investors of record on Monday, December 4th will be paid a $0.1309 dividend. This represents a $1.57 annualized dividend and a yield of 3.09%. This is a boost from SPDR Barclays Capital Convertible SecETF’s previous monthly dividend of $0.09. The ex-dividend date of this dividend is Friday, December 1st.

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SPDR Barclays Capital Convertible SecETF 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.

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

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