United Capital Financial Advisers LLC Sells 103,313 Shares of SPDR Bloomberg Barclays Convertible Securities ETF (NYSEARCA:CWB)

United Capital Financial Advisers LLC lessened its position in shares of SPDR Bloomberg Barclays Convertible Securities ETF (NYSEARCA:CWB) by 58.9% in the second quarter, Holdings Channel.com reports. The institutional investor owned 71,959 shares of the exchange traded fund’s stock after selling 103,313 shares during the period. United Capital Financial Advisers LLC’s holdings in SPDR Bloomberg Barclays Convertible Securities ETF were worth $3,804,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Nan Shan Life Insurance Co. Ltd. increased its stake in SPDR Bloomberg Barclays Convertible Securities ETF by 44.8% in the second quarter. Nan Shan Life Insurance Co. Ltd. now owns 1,325,402 shares of the exchange traded fund’s stock valued at $70,074,000 after purchasing an additional 410,101 shares in the last quarter. Envestnet Asset Management Inc. increased its position in shares of SPDR Bloomberg Barclays Convertible Securities ETF by 70.8% during the first quarter. Envestnet Asset Management Inc. now owns 895,626 shares of the exchange traded fund’s stock worth $46,796,000 after acquiring an additional 371,148 shares in the last quarter. Conservest Capital Advisors Inc. increased its position in shares of SPDR Bloomberg Barclays Convertible Securities ETF by 2.6% during the second quarter. Conservest Capital Advisors Inc. now owns 880,295 shares of the exchange traded fund’s stock worth $46,541,000 after acquiring an additional 22,383 shares in the last quarter. Cambridge Investment Research Advisors Inc. increased its position in shares of SPDR Bloomberg Barclays Convertible Securities ETF by 5.8% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 400,013 shares of the exchange traded fund’s stock worth $20,901,000 after acquiring an additional 21,781 shares in the last quarter. Finally, Prudential Financial Inc. increased its position in shares of SPDR Bloomberg Barclays Convertible Securities ETF by 47.8% during the second quarter. Prudential Financial Inc. now owns 383,042 shares of the exchange traded fund’s stock worth $20,251,000 after acquiring an additional 123,900 shares in the last quarter.

Shares of NYSEARCA:CWB traded up $0.03 during midday trading on Tuesday, hitting $53.24. 3,982 shares of the company’s stock were exchanged, compared to its average volume of 846,448. The stock has a 50 day moving average price of $52.75 and a 200-day moving average price of $52.59. SPDR Bloomberg Barclays Convertible Securities ETF has a 12 month low of $45.13 and a 12 month high of $54.22.

The company also recently declared a — dividend, which was paid on Monday, September 9th. Investors of record on Wednesday, September 4th were issued a dividend of $0.085 per share. This represents a yield of 5.3%. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.

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

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