Prudential Financial Inc. Has $35.97 Million Stake in SPDR Barclays Capital Convertible SecETF (CWB)

Prudential Financial Inc. lowered its holdings in shares of SPDR Barclays Capital Convertible SecETF (NYSE:CWB) by 12.5% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 704,263 shares of the exchange traded fund’s stock after selling 100,179 shares during the period. Prudential Financial Inc.’s holdings in SPDR Barclays Capital Convertible SecETF were worth $35,966,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in CWB. Parkside Financial Bank & Trust bought a new position in shares of SPDR Barclays Capital Convertible SecETF during the third quarter valued at $102,000. BB&T Investment Services Inc. bought a new position in shares of SPDR Barclays Capital Convertible SecETF during the second quarter valued at $108,000. Alken Asset Management Ltd. bought a new position in shares of SPDR Barclays Capital Convertible SecETF during the second quarter valued at $118,000. UBS Asset Management Americas Inc. raised 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 valued at $133,000 after acquiring an additional 293 shares during the last quarter. Finally, Advisory Services Network LLC raised its stake in shares of SPDR Barclays Capital Convertible SecETF by 54.5% during the second 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 during the last quarter.

Separately, Canaccord Genuity reaffirmed a “hold” rating and set a $33.00 price target on shares of SPDR Barclays Capital Convertible SecETF in a research note on Tuesday, October 31st.

SPDR Barclays Capital Convertible SecETF (NYSE:CWB) opened at $51.76 on Tuesday. SPDR Barclays Capital Convertible SecETF has a 52 week low of $44.37 and a 52 week high of $52.03.

The company also recently announced a monthly dividend, which was paid on Thursday, November 9th. Investors of record on Thursday, November 2nd were paid a dividend of $0.0928 per share. This represents a $1.11 dividend on an annualized basis and a yield of 2.15%. The ex-dividend date was Wednesday, November 1st.

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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.

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

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