EFG Asset Management Americas Corp. boosted its position in SPDR Barclays Capital Convertible SecETF (NYSEARCA:CWB) by 27.0% during the 4th quarter, HoldingsChannel reports. The firm owned 82,336 shares of the exchange traded fund’s stock after purchasing an additional 17,480 shares during the quarter. SPDR Barclays Capital Convertible SecETF accounts for about 1.6% of EFG Asset Management Americas Corp.’s holdings, making the stock its 14th largest holding. EFG Asset Management Americas Corp.’s holdings in SPDR Barclays Capital Convertible SecETF were worth $4,488,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently bought and sold shares of CWB. Parkside Financial Bank & Trust bought a new position in shares of SPDR Barclays Capital Convertible SecETF in the 3rd quarter worth $102,000. UBS Asset Management Americas Inc. increased its holdings in shares of SPDR Barclays Capital Convertible SecETF by 12.3% in the 2nd quarter. UBS Asset Management Americas Inc. now owns 2,680 shares of the exchange traded fund’s stock worth $133,000 after buying an additional 293 shares during the last quarter. Advisory Services Network LLC increased its holdings in shares of SPDR Barclays Capital Convertible SecETF by 54.5% in the 2nd quarter. Advisory Services Network LLC now owns 2,907 shares of the exchange traded fund’s stock worth $144,000 after buying an additional 1,025 shares during the last quarter. Cutler Capital Management LLC increased its holdings in shares of SPDR Barclays Capital Convertible SecETF by 911.5% in the 3rd quarter. Cutler Capital Management LLC now owns 37,225 shares of the exchange traded fund’s stock worth $190,000 after buying an additional 33,545 shares during the last quarter. Finally, Resources Investment Advisors Inc. bought a new position in shares of SPDR Barclays Capital Convertible SecETF in the 4th quarter worth $231,000.

SPDR Barclays Capital Convertible SecETF (NYSEARCA CWB) opened at $49.89 on Monday. SPDR Barclays Capital Convertible SecETF has a twelve month low of $47.03 and a twelve month high of $53.73.

The firm also recently announced a monthly dividend, which was paid on Wednesday, February 7th. Investors of record on Friday, February 2nd were issued a dividend of $0.0819 per share. This represents a $0.98 annualized dividend and a dividend yield of 1.97%. The ex-dividend date of this dividend was Thursday, February 1st.

A number of equities analysts have recently commented on CWB shares. Scotiabank reissued a “buy” rating and issued a $42.00 price target on shares of SPDR Barclays Capital Convertible SecETF in a report on Wednesday, November 22nd. BMO Capital Markets reissued a “hold” rating and issued a $33.00 price target on shares of SPDR Barclays Capital Convertible SecETF in a report on Wednesday, November 15th. Finally, Canaccord Genuity reissued a “hold” rating and issued a $33.00 price target on shares of SPDR Barclays Capital Convertible SecETF in a report on Tuesday, October 31st.

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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.

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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