Montecito Bank & Trust Has $2.54 Million Position in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB)

Montecito Bank & Trust lessened its holdings in shares of SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 1.2% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 33,123 shares of the exchange traded fund’s stock after selling 416 shares during the period. Montecito Bank & Trust’s holdings in SPDR Bloomberg Convertible Securities ETF were worth $2,537,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in CWB. EverSource Wealth Advisors LLC increased its holdings in shares of SPDR Bloomberg Convertible Securities ETF by 291.8% during the 1st quarter. EverSource Wealth Advisors LLC now owns 380 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 283 shares during the period. ORG Partners LLC acquired a new position in shares of SPDR Bloomberg Convertible Securities ETF in the second quarter valued at $53,000. Future Financial Wealth Managment LLC bought a new position in SPDR Bloomberg Convertible Securities ETF in the third quarter worth $77,000. Oakworth Capital Inc. bought a new stake in SPDR Bloomberg Convertible Securities ETF in the 3rd quarter valued at $92,000. Finally, Trust Co. of Vermont bought a new stake in SPDR Bloomberg Convertible Securities ETF in the 3rd quarter valued at $119,000.

SPDR Bloomberg Convertible Securities ETF Stock Performance

Shares of CWB stock opened at $78.32 on Thursday. SPDR Bloomberg Convertible Securities ETF has a 52-week low of $65.60 and a 52-week high of $78.91. The firm has a fifty day moving average of $75.95 and a 200-day moving average of $73.50.

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.