NYSEARCA:CWB - SPDR Bloomberg Barclays Convertible Securities ETF Stock Price, News, & Analysis

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$51.59 +0.19 (+0.37 %)
(As of 02/17/2019 09:05 AM ET)
Previous Close$51.59
Today's Range$51.42 - $51.6225
52-Week Range$45.13 - $54.99
Volume972,504 shs
Average Volume1.35 million shs
Market Capitalization$3.97 billion
P/E RatioN/A
Dividend Yield5.60%
BetaN/A
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. Convertible Bond >$500MM Index (the Index), the Fund employs a sampling strategy, which means that the Fund is not required to purchase all of the securities represented in the Index. The Fund may purchase a subset of the securities in the Index in an effort to hold a portfolio of securities. The Fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the Index. In addition, the Fund may invest in securities that are not included in the Index, futures, options, swap contracts and other derivatives. The Fund's investment advisor is SSgA Funds Management, Inc.

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Basic Details

Issuer SSgA
Fund NameSPDR Bloomberg Barclays Convertible Securities ETF
Tax ClassificationRegulated Investment Company
SymbolNYSEARCA:CWB
Inception Date4/14/2009
Fund ManagerMichael Brunell, Christopher DiStefano
PhoneN/A

Fund Focus

Asset ClassFixed Income
BenchmarkBarclays Convertible Bond > $500MM USD
CategoryCorporate
FocusConvertibles
Development LevelDeveloped Markets
RegionNorth America

Fund Statistics

Assets Under Management$4.26 billion
Average Daily Volume$1.36 million
Discount/Premium0.49%

ETF Expenses

Management Fee0.40%
Other Expenses0.00%
Total Expenses0.40%
Fee Waiver0.00%
Net Expenses0.40%

Administrator, Advisor and Custodian

AdministratorSSGA Funds Management, Inc.
AdvisorSSgA Funds Management, Inc.
CustodianState Street Bank and Trust Company
DistributorState Street Global Advisors Funds Distributors, LLC
Transfer AgentState Street Bank and Trust Company
Trustee
Lead Market MakerVirtu Financial

SPDR Bloomberg Barclays Convertible Securities ETF (NYSEARCA:CWB) Frequently Asked Questions

What is SPDR Bloomberg Barclays Convertible Securities ETF's stock symbol?

SPDR Bloomberg Barclays Convertible Securities ETF trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "CWB."

How often does SPDR Bloomberg Barclays Convertible Securities ETF pay dividends? What is the dividend yield for SPDR Bloomberg Barclays Convertible Securities ETF?

SPDR Bloomberg Barclays Convertible Securities ETF declared a monthly dividend on Friday, February 1st. Investors of record on Monday, February 4th will be paid a dividend of $0.0714 per share on Thursday, February 7th. This represents a $0.86 annualized dividend and a yield of 1.66%. The ex-dividend date of this dividend is Friday, February 1st. View SPDR Bloomberg Barclays Convertible Securities ETF's Dividend History.

What price target have analysts set for CWB?

1 equities research analysts have issued twelve-month target prices for SPDR Bloomberg Barclays Convertible Securities ETF's shares. Their forecasts range from $27.00 to $27.00. On average, they anticipate SPDR Bloomberg Barclays Convertible Securities ETF's share price to reach $27.00 in the next twelve months. This suggests that the stock has a possible downside of 47.7%. View Analyst Price Targets for SPDR Bloomberg Barclays Convertible Securities ETF.

What is the consensus analysts' recommendation for SPDR Bloomberg Barclays Convertible Securities ETF?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SPDR Bloomberg Barclays Convertible Securities ETF in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for SPDR Bloomberg Barclays Convertible Securities ETF.

Has SPDR Bloomberg Barclays Convertible Securities ETF been receiving favorable news coverage?

Headlines about CWB stock have trended positive on Sunday, according to InfoTrie. InfoTrie ranks the sentiment of media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. SPDR Bloomberg Barclays Convertible Securities ETF earned a media sentiment score of 2.4 on InfoTrie's scale. They also assigned media stories about the exchange traded fund a news buzz of 6.0 out of 10, indicating that recent media coverage is somewhat likely to have an impact on the stock's share price in the next several days.

Who are SPDR Bloomberg Barclays Convertible Securities ETF's major shareholders?

SPDR Bloomberg Barclays Convertible Securities ETF's stock is owned by a number of of institutional and retail investors. Top institutional investors include Bank of America Corp DE (4.43%), MD Financial Management Inc. (2.13%), Bank of Montreal Can (1.98%), PNC Financial Services Group Inc. (1.93%), QS Investors LLC (1.62%) and Conservest Capital Advisors Inc. (1.29%).

Which institutional investors are selling SPDR Bloomberg Barclays Convertible Securities ETF stock?

CWB stock was sold by a variety of institutional investors in the last quarter, including Jane Street Group LLC, Bank of America Corp DE, IndexIQ Advisors LLC, Bluefin Trading LLC, Prudential Financial Inc., RMB Capital Management LLC, Tradewinds Capital Management LLC and First Allied Advisory Services Inc..

Which institutional investors are buying SPDR Bloomberg Barclays Convertible Securities ETF stock?

CWB stock was acquired by a variety of institutional investors in the last quarter, including QS Investors LLC, Modera Wealth Management LLC, Conservest Capital Advisors Inc., Calamos Advisors LLC, Steward Partners Investment Advisory LLC, Bogart Wealth LLC, Mackay Shields LLC and Mirae Asset Global Investments Co. Ltd..

How do I buy shares of SPDR Bloomberg Barclays Convertible Securities ETF?

Shares of CWB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is SPDR Bloomberg Barclays Convertible Securities ETF's stock price today?

One share of CWB stock can currently be purchased for approximately $51.59.

How big of a company is SPDR Bloomberg Barclays Convertible Securities ETF?

SPDR Bloomberg Barclays Convertible Securities ETF has a market capitalization of $3.97 billion.

What is SPDR Bloomberg Barclays Convertible Securities ETF's official website?

The official website for SPDR Bloomberg Barclays Convertible Securities ETF is https://www.spdrs.com/.


MarketBeat Community Rating for SPDR Bloomberg Barclays Convertible Securities ETF (NYSEARCA CWB)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  90 (Vote Outperform)
Underperform Votes:  79 (Vote Underperform)
Total Votes:  169
MarketBeat's community ratings are surveys of what our community members think about SPDR Bloomberg Barclays Convertible Securities ETF and other stocks. Vote "Outperform" if you believe CWB will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CWB will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/17/2019 by MarketBeat.com Staff

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