Northwestern Mutual Wealth Management Co. Has $16.01 Million Position in SPDR Bloomberg Barclays Convertible Securities ETF (CWB)

Northwestern Mutual Wealth Management Co. increased its stake in shares of SPDR Bloomberg Barclays Convertible Securities ETF (NYSEARCA:CWB) by 7.4% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 296,866 shares of the exchange traded fund’s stock after acquiring an additional 20,541 shares during the period. Northwestern Mutual Wealth Management Co. owned about 0.35% of SPDR Bloomberg Barclays Convertible Securities ETF worth $16,013,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Morgan Stanley increased its position in SPDR Bloomberg Barclays Convertible Securities ETF by 4.5% during the second quarter. Morgan Stanley now owns 3,657,144 shares of the exchange traded fund’s stock worth $193,903,000 after buying an additional 157,190 shares during the last quarter. Midwest Professional Planners LTD. increased its position in SPDR Bloomberg Barclays Convertible Securities ETF by 95.5% during the second quarter. Midwest Professional Planners LTD. now owns 100,127 shares of the exchange traded fund’s stock worth $5,309,000 after buying an additional 48,903 shares during the last quarter. First Trust Advisors LP increased its position in SPDR Bloomberg Barclays Convertible Securities ETF by 20.6% during the second quarter. First Trust Advisors LP now owns 20,121 shares of the exchange traded fund’s stock worth $1,067,000 after buying an additional 3,436 shares during the last quarter. Riggs Asset Managment Co. Inc. increased its position in SPDR Bloomberg Barclays Convertible Securities ETF by 53.9% during the second quarter. Riggs Asset Managment Co. Inc. now owns 3,616 shares of the exchange traded fund’s stock worth $192,000 after buying an additional 1,267 shares during the last quarter. Finally, PNC Financial Services Group Inc. increased its position in SPDR Bloomberg Barclays Convertible Securities ETF by 4.8% during the second quarter. PNC Financial Services Group Inc. now owns 1,497,280 shares of the exchange traded fund’s stock worth $79,385,000 after buying an additional 68,664 shares during the last quarter.

Shares of NYSEARCA CWB opened at $51.01 on Monday. SPDR Bloomberg Barclays Convertible Securities ETF has a twelve month low of $48.72 and a twelve month high of $54.99.

The firm also recently declared a monthly dividend, which will be paid on Wednesday, November 7th. Shareholders of record on Friday, November 2nd will be given a dividend of $0.072 per share. This represents a $0.86 dividend on an annualized basis and a yield of 1.69%. The ex-dividend date is Thursday, November 1st.

SPDR Bloomberg Barclays Convertible Securities ETF 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.

Recommended Story: Technical Analysis of Stocks, How Can It Help

Institutional Ownership by Quarter for SPDR Bloomberg Barclays Convertible Securities ETF (NYSEARCA:CWB)

Receive News & Ratings for SPDR Bloomberg Barclays Convertible Securities ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Bloomberg Barclays Convertible Securities ETF and related companies with MarketBeat.com's FREE daily email newsletter.


Leave a Reply