Global Financial Private Capital LLC Grows Stake in SPDR Barclays Capital Convertible SecETF (CWB)

Global Financial Private Capital LLC lifted its stake in shares of SPDR Barclays Capital Convertible SecETF (NYSEARCA:CWB) by 10.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 96,174 shares of the exchange traded fund’s stock after purchasing an additional 9,194 shares during the period. Global Financial Private Capital LLC owned about 0.12% of SPDR Barclays Capital Convertible SecETF worth $4,866,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in CWB. UBS Asset Management Americas Inc. increased its stake in shares of SPDR Barclays Capital Convertible SecETF by 12.3% during the second 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 in the last quarter. Virtu KCG Holdings LLC purchased a new stake in SPDR Barclays Capital Convertible SecETF during the 2nd quarter valued at about $315,000. The Manufacturers Life Insurance Company grew its stake in SPDR Barclays Capital Convertible SecETF by 586.0% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 4,768 shares of the exchange traded fund’s stock valued at $237,000 after acquiring an additional 4,073 shares in the last quarter. Advisory Services Network LLC grew its stake in SPDR Barclays Capital Convertible SecETF by 54.5% during the 2nd quarter. Advisory Services Network LLC now owns 2,907 shares of the exchange traded fund’s stock valued at $144,000 after acquiring an additional 1,025 shares in the last quarter. Finally, WFG Advisors LP grew its stake in SPDR Barclays Capital Convertible SecETF by 19.3% during the 2nd quarter. WFG Advisors LP now owns 5,172 shares of the exchange traded fund’s stock valued at $257,000 after acquiring an additional 835 shares in the last quarter.

Several analysts recently issued reports on CWB shares. Scotiabank reaffirmed a “buy” rating and set a $42.00 price objective on shares of SPDR Barclays Capital Convertible SecETF in a research note on Wednesday, November 22nd. BMO Capital Markets reaffirmed a “hold” rating and set a $33.00 price objective on shares of SPDR Barclays Capital Convertible SecETF in a research note on Wednesday, November 15th. Finally, Canaccord Genuity reaffirmed a “hold” rating and set a $33.00 price objective on shares of SPDR Barclays Capital Convertible SecETF in a research note on Tuesday, October 31st.

Shares of SPDR Barclays Capital Convertible SecETF (NYSEARCA:CWB) opened at $51.11 on Thursday. SPDR Barclays Capital Convertible SecETF has a one year low of $47.03 and a one year high of $53.73.

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, February 7th. Investors of record on Friday, February 2nd were paid a dividend of $0.0819 per share. The ex-dividend date was Thursday, February 1st. This represents a $0.98 annualized dividend and a yield of 1.92%.

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About SPDR Barclays Capital Convertible SecETF

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.

Want to see what other hedge funds are holding CWB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Barclays Capital Convertible SecETF (NYSEARCA:CWB).

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

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