Advisors Preferred LLC Buys 29,759 Shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB)

Advisors Preferred LLC grew its stake in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 36.4% during the 4th quarter, Holdings Channel.com reports. The firm owned 111,625 shares of the exchange traded fund’s stock after acquiring an additional 29,759 shares during the period. SPDR Bloomberg Convertible Securities ETF accounts for approximately 1.4% of Advisors Preferred LLC’s investment portfolio, making the stock its 17th biggest holding. Advisors Preferred LLC’s holdings in SPDR Bloomberg Convertible Securities ETF were worth $8,707,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. boosted its stake in shares of SPDR Bloomberg Convertible Securities ETF by 117.1% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 471 shares of the exchange traded fund’s stock valued at $37,000 after purchasing an additional 254 shares in the last quarter. Oakworth Capital Inc. bought a new position in shares of SPDR Bloomberg Convertible Securities ETF during the 3rd quarter worth approximately $92,000. Trust Co. of Vermont bought a new position in shares of SPDR Bloomberg Convertible Securities ETF during the 3rd quarter worth about $119,000. Eastern Bank acquired a new position in shares of SPDR Bloomberg Convertible Securities ETF during the third quarter worth approximately $123,000. Finally, Concourse Financial Group Securities Inc. increased its position in shares of SPDR Bloomberg Convertible Securities ETF by 106.6% during the third quarter. Concourse Financial Group Securities Inc. now owns 1,907 shares of the exchange traded fund’s stock worth $146,000 after acquiring an additional 984 shares in the last quarter.

SPDR Bloomberg Convertible Securities ETF Trading Down 0.0 %

Shares of CWB stock opened at $80.46 on Friday. The firm has a 50-day moving average of $79.81 and a 200-day moving average of $77.15. SPDR Bloomberg Convertible Securities ETF has a one year low of $69.45 and a one year high of $82.24.

SPDR Bloomberg 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.