BNP Paribas Financial Markets Sells 26,598 Shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB)

BNP Paribas Financial Markets cut its holdings in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 51.6% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 24,904 shares of the exchange traded fund’s stock after selling 26,598 shares during the quarter. BNP Paribas Financial Markets owned about 0.05% of SPDR Bloomberg Convertible Securities ETF worth $1,907,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of CWB. ORG Partners LLC bought a new stake in shares of SPDR Bloomberg Convertible Securities ETF in the 2nd quarter valued at about $53,000. Future Financial Wealth Managment LLC bought a new stake in SPDR Bloomberg Convertible Securities ETF in the third quarter valued at approximately $77,000. Oakworth Capital Inc. bought a new stake in SPDR Bloomberg Convertible Securities ETF in the third quarter valued at approximately $92,000. Trust Co. of Vermont acquired a new stake in SPDR Bloomberg Convertible Securities ETF in the third quarter worth $119,000. Finally, Eastern Bank bought a new position in shares of SPDR Bloomberg Convertible Securities ETF during the third quarter worth $123,000.

SPDR Bloomberg Convertible Securities ETF Stock Performance

CWB opened at $81.78 on Friday. SPDR Bloomberg Convertible Securities ETF has a 12 month low of $68.96 and a 12 month high of $82.24. The company has a fifty day simple moving average of $78.59 and a 200 day simple moving average of $74.91.

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.