Polaris Greystone Financial Group LLC Purchases 69,719 Shares of SPDR Barclays Capital Convertible SecETF (NYSE:CWB)

Polaris Greystone Financial Group LLC raised its stake in SPDR Barclays Capital Convertible SecETF (NYSEARCA:CWB) by 11.2% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 691,520 shares of the exchange traded fund’s stock after purchasing an additional 69,719 shares during the period. SPDR Barclays Capital Convertible SecETF makes up approximately 3.1% of Polaris Greystone Financial Group LLC’s holdings, making the stock its 3rd biggest 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.

A number of other institutional investors also recently modified their holdings of the business. Mountain Capital Investment Advisors Inc lifted its holdings in shares of SPDR Barclays Capital Convertible SecETF by 18.6% during the 3rd quarter. Mountain Capital Investment Advisors Inc now owns 85,964 shares of the exchange traded fund’s stock worth $4,390,000 after acquiring an additional 13,495 shares during the period. First Merchants Corp bought a new position in SPDR Barclays Capital Convertible SecETF during the 3rd quarter valued at about $360,000. Advisors Preferred LLC acquired a new stake in SPDR Barclays Capital Convertible SecETF in the 3rd quarter valued at about $319,000. Wedbush Securities Inc. increased its position in SPDR Barclays Capital Convertible SecETF by 16.9% in the 3rd quarter. Wedbush Securities Inc. now owns 9,913 shares of the exchange traded fund’s stock valued at $506,000 after acquiring an additional 1,433 shares in the last quarter. Finally, Csenge Advisory Group acquired a new stake in SPDR Barclays Capital Convertible SecETF in the 3rd quarter valued at about $3,800,000.

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

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Shares of SPDR Barclays Capital Convertible SecETF (NYSEARCA CWB) traded down $0.18 on Wednesday, reaching $51.58. 302,900 shares of the company were exchanged, compared to its average volume of 840,743. SPDR Barclays Capital Convertible SecETF has a fifty-two week low of $44.56 and a fifty-two week high of $52.03.

The business also recently disclosed a monthly dividend, which was paid on Thursday, November 9th. Shareholders of record on Thursday, November 2nd were issued a $0.0928 dividend. The ex-dividend date of this dividend was Wednesday, November 1st. This represents a $1.11 annualized dividend and a dividend yield of 2.16%.

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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