SPDR Barclays Capital Convertible SecETF (CWB) Holdings Increased by Stifel Financial Corp

Stifel Financial Corp raised its holdings in shares of SPDR Barclays Capital Convertible SecETF (NYSEARCA:CWB) by 31.3% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 206,464 shares of the exchange traded fund’s stock after purchasing an additional 49,230 shares during the period. Stifel Financial Corp owned approximately 0.26% of SPDR Barclays Capital Convertible SecETF worth $10,562,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. QS Investors LLC boosted its stake in shares of SPDR Barclays Capital Convertible SecETF by 1.5% in the 2nd quarter. QS Investors LLC now owns 3,286,318 shares of the exchange traded fund’s stock worth $163,067,000 after buying an additional 49,216 shares during the last quarter. Wells Fargo & Company MN boosted its stake in shares of SPDR Barclays Capital Convertible SecETF by 37.3% in the 3rd quarter. Wells Fargo & Company MN now owns 3,197,097 shares of the exchange traded fund’s stock worth $163,276,000 after buying an additional 869,268 shares during the last quarter. Assetmark Inc. boosted its stake in shares of SPDR Barclays Capital Convertible SecETF by 7,979,744.4% in the 2nd quarter. Assetmark Inc. now owns 2,154,558 shares of the exchange traded fund’s stock worth $106,909,000 after buying an additional 2,154,531 shares during the last quarter. PNC Financial Services Group Inc. boosted its stake in shares of SPDR Barclays Capital Convertible SecETF by 17.1% in the 2nd quarter. PNC Financial Services Group Inc. now owns 1,156,434 shares of the exchange traded fund’s stock worth $57,382,000 after buying an additional 168,681 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its holdings in SPDR Barclays Capital Convertible SecETF by 19.0% in the 3rd quarter. Ameriprise Financial Inc. now owns 952,104 shares of the exchange traded fund’s stock worth $48,606,000 after purchasing an additional 152,171 shares during the period.

CWB has been the topic of a number of recent research reports. BMO Capital Markets reaffirmed a “hold” rating and issued a $33.00 target price on shares of SPDR Barclays Capital Convertible SecETF in a report on Wednesday, November 15th. Canaccord Genuity reaffirmed a “hold” rating and issued a $33.00 target price on shares of SPDR Barclays Capital Convertible SecETF in a report on Tuesday, October 31st. Finally, Scotiabank reaffirmed a “buy” rating and issued a $42.00 target price on shares of SPDR Barclays Capital Convertible SecETF in a report on Wednesday, November 22nd.

Shares of SPDR Barclays Capital Convertible SecETF (CWB) traded down $0.19 during trading on Tuesday, reaching $51.25. The company had a trading volume of 612,000 shares, compared to its average volume of 823,295. SPDR Barclays Capital Convertible SecETF has a one year low of $45.44 and a one year high of $52.67.

The business also recently announced a monthly dividend, which was paid on Monday, December 11th. Investors of record on Monday, December 4th were issued a $0.1309 dividend. This is a boost from SPDR Barclays Capital Convertible SecETF’s previous monthly dividend of $0.09. This represents a $1.57 dividend on an annualized basis and a yield of 3.06%. The ex-dividend date was Friday, December 1st.

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SPDR Barclays Capital Convertible SecETF 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 Barclays Capital Convertible SecETF (NYSEARCA:CWB)

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