NYSEARCA:CWB - SPDR Bloomberg Barclays Convertible Securities ETF Stock Price, Price Target & More

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$53.14 +0.29 (+0.55 %)
(As of 05/22/2018 04:07 AM ET)
Previous Close$52.85
Today's Range$52.99 - $53.29
52-Week Range$48.85 - $53.80
Volume437,990 shs
Average Volume1.32 million shs
Market CapitalizationN/A
P/E RatioN/A
Dividend Yield4.05%
BetaN/A

About SPDR Bloomberg Barclays Convertible Securities ETF (NYSEARCA:CWB)

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 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$4.13 billion
Average Daily Volume$1.75 million
Discount/Premium-0.02%

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 Tuesday, May 1st. Shareholders of record on Wednesday, May 2nd will be paid a dividend of $0.091 per share on Monday, May 7th. This represents a $1.09 annualized dividend and a dividend yield of 2.05%. The ex-dividend date of this dividend is Tuesday, May 1st. View SPDR Bloomberg Barclays Convertible Securities ETF's Dividend History.

What price target have analysts set for CWB?

3 brokers have issued 1-year price targets for SPDR Bloomberg Barclays Convertible Securities ETF's shares. Their predictions range from $33.00 to $42.00. On average, they anticipate SPDR Bloomberg Barclays Convertible Securities ETF's share price to reach $36.00 in the next year. View Analyst Ratings for SPDR Bloomberg Barclays Convertible Securities ETF.

Are investors shorting SPDR Bloomberg Barclays Convertible Securities ETF?

SPDR Bloomberg Barclays Convertible Securities ETF saw a increase in short interest in the month of April. As of April 30th, there was short interest totalling 2,283,465 shares, an increase of 48.7% from the April 13th total of 1,536,111 shares. Based on an average daily trading volume, of 836,503 shares, the days-to-cover ratio is currently 2.7 days.

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

Media coverage about CWB stock has been trending somewhat positive recently, Accern Sentiment Analysis reports. The research group rates the sentiment of press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. SPDR Bloomberg Barclays Convertible Securities ETF earned a news sentiment score of 0.05 on Accern's scale. They also assigned news stories about the exchange traded fund an impact score of 46.02 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near future.

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

SPDR Bloomberg Barclays Convertible Securities ETF's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Wells Fargo & Company MN (3.49%), MD Financial Management Inc. (1.76%), PNC Financial Services Group Inc. (1.72%), UBS Group AG (1.34%), LPL Financial LLC (1.09%) and Prudential Financial Inc. (1.02%). View Institutional Ownership Trends for SPDR Bloomberg Barclays Convertible Securities ETF.

Which major 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 Envestnet Asset Management Inc., Quattro Financial Advisors LLC, Pinnacle Associates Ltd., MD Financial Management Inc., Midwest Professional Planners LTD., Weatherstone Capital Management, Ladenburg Thalmann Financial Services Inc. and Allianz Asset Management GmbH. View Insider Buying and Selling for SPDR Bloomberg Barclays Convertible Securities ETF.

Which major 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 United Capital Financial Advisers LLC, Cambridge Investment Research Advisors Inc., First Allied Advisory Services Inc., Wells Fargo & Company MN, Jane Street Group LLC, Prudential Financial Inc., Redwood Investment Management LLC and Oppenheimer Asset Management Inc.. View Insider Buying and Selling for SPDR Bloomberg Barclays Convertible Securities ETF.

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 $53.14.


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

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  58 (Vote Outperform)
Underperform Votes:  46 (Vote Underperform)
Total Votes:  104
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.

Analyst Ratings

SPDR Bloomberg Barclays Convertible Securities ETF (NYSEARCA:CWB) Price Target and Consensus Rating

  (How are Consensus Ratings Calculated?)
3 Wall Street analysts have issued ratings and price targets for SPDR Bloomberg Barclays Convertible Securities ETF in the last 12 months. Their average twelve-month price target is $36.00, suggesting that the stock has a possible downside of 32.25%. The high price target for CWB is $42.00 and the low price target for CWB is $33.00. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus rating of "Hold."
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: HoldHoldHoldHold
Consensus Rating Score: 2.332.332.332.33
Ratings Breakdown: 0 Sell Rating(s)
2 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
2 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
2 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
2 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $36.00$36.00$36.00$36.00
Price Target Upside: 32.25% downside31.25% downside31.25% downside31.25% downside

SPDR Bloomberg Barclays Convertible Securities ETF (NYSEARCA:CWB) Consensus Price Target History

Price Target History for SPDR Bloomberg Barclays Convertible Securities ETF (NYSEARCA:CWB)
Show:

Earnings

Dividends

SPDR Bloomberg Barclays Convertible Securities ETF (NYSEARCA:CWB) Dividend Information

SPDR Bloomberg Barclays Convertible Securities ETF pays an annual dividend of $2.14 per share, with a dividend yield of 4.03%. CWB's most recent monthly dividend payment was Monday, May 7.
Most Recent Dividend:5/7/2018
Annual Dividend:$2.14
Dividend Yield:4.03%
Payout Ratio(s):N/A
Dividend Payments by Quarter for SPDR Bloomberg Barclays Convertible Securities ETF (NYSEARCA:CWB)

SPDR Bloomberg Barclays Convertible Securities ETF (NYSEARCA:CWB) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/1/2018monthly$0.09102.12%5/1/20185/2/20185/7/2018
4/2/2018monthly$0.13493.2%4/2/20184/3/20184/6/2018
3/2/2018monthly$0.13713.19%3/1/20183/2/20183/7/2018
2/2/2018monthly$0.08191.9%2/1/20182/2/20182/7/2018
12/19/2017monthly$0.750717.74%12/19/201712/20/201712/28/2017
12/1/2017monthly$0.13093.05%12/1/201712/4/201712/11/2017
11/1/2017monthly$0.09282.15%11/1/201711/2/201711/9/2017
10/2/2017monthly$0.13953.28%10/2/201710/3/201710/10/2017
9/1/2017monthly$0.20194.76%9/1/20179/6/20179/12/2017
8/1/2017monthly$0.07791.84%8/1/20178/3/20178/9/2017
7/3/2017monthly$0.14583.54%7/3/20177/6/20177/12/2017
6/1/2017monthly$0.15383.74%6/1/20176/5/20176/9/2017
5/1/2017monthly$0.07051.73%5/1/20175/3/20175/9/2017
4/3/2017monthly$0.15273.82%4/3/20174/5/20174/11/2017
3/1/2017monthly$0.16334.1%3/1/20173/3/20173/9/2017
2/1/2017monthly$0.07031.79%2/1/20172/3/20172/9/2017
12/28/2016monthly$0.457511.99%12/28/201612/30/20161/6/2017
7/1/2015monthly$0.10752.72%7/1/20157/6/20157/10/2015
6/1/2015monthly$0.10342.52%6/1/20156/3/20156/9/2015
5/1/2015monthly$0.07291.8%5/1/20155/5/20155/11/2015
4/1/2015monthly$0.10562.67%4/1/20154/6/20154/10/2015
3/2/2015monthly$0.08672.17%3/2/20153/4/20153/10/2015
2/2/2015monthly$0.07271.88%2/2/20152/4/20152/10/2015
12/29/2014special$0.880627.74%12/29/201412/31/20141/7/2015
12/1/2014monthly$0.08732.1%12/1/201412/3/201412/9/2014
11/3/2014monthly$0.08732.11%11/3/201411/5/201411/12/2014
10/1/2014monthly$0.11522.83%10/1/201410/3/201410/9/2014
9/2/2014monthly$0.09902.33%9/2/20149/4/20149/10/2014
8/1/2014monthly$0.08332.02%8/1/20148/5/20148/11/2014
7/1/2014monthly$0.11422.7%7/1/20147/3/20147/10/2014
6/2/2014monthly$0.09352.27%6/2/20146/4/20146/10/2014
5/1/2014monthly$0.08902.2%5/1/20145/5/20145/9/2014
4/1/2014monthly$0.14533.59%4/1/20144/3/20144/9/2014
3/3/2014monthly$0.07531.84%3/3/20143/5/20143/11/2014
2/3/2014monthly$0.07832.01%2/3/20142/5/20142/11/2014
12/27/2013monthly$0.483212.47%12/27/201312/31/20131/7/2014
12/2/2013monthly$0.10852.8%12/2/201312/4/201312/10/2013
11/1/2013monthly$0.08342.17%11/1/201311/5/201311/12/2013
10/1/2013monthly$0.12283.25%10/1/201310/3/201310/9/2013
9/3/2013monthly$0.12733.46%9/3/20139/5/20139/11/2013
(Data available from 1/1/2013 forward)

Insider Trades

Headlines

SPDR Bloomberg Barclays Convertible Securities ETF (NYSEARCA CWB) News Headlines

Source:
DateHeadline
Notable ETF Outflow Detected - CWBNotable ETF Outflow Detected - CWB
www.nasdaq.com - May 17 at 3:41 PM
SPDR Bloomberg Barclays Convertible Securities ETF (CWB) Short Interest UpdateSPDR Bloomberg Barclays Convertible Securities ETF (CWB) Short Interest Update
www.americanbankingnews.com - May 17 at 1:50 AM
9 Great Income Investments You’ve Never Heard Of9 Great Income Investments You’ve Never Heard Of
investorplace.com - May 8 at 3:36 PM
SPDR Barclays Convertible Securities ETF Declares Monthly Dividend of $0.09 (CWB)SPDR Barclays Convertible Securities ETF Declares Monthly Dividend of $0.09 (CWB)
www.americanbankingnews.com - May 1 at 8:40 PM
Short Interest in SPDR Barclays Convertible Securities ETF (CWB) Expands By 70.4%Short Interest in SPDR Barclays Convertible Securities ETF (CWB) Expands By 70.4%
www.americanbankingnews.com - May 1 at 1:58 AM
CWB Crosses Below Key Moving Average LevelCWB Crosses Below Key Moving Average Level
www.nasdaq.com - April 25 at 10:52 AM
SPDR Barclays Capital Convertible SecETF (CWB) to Issue $0.13 Monthly DividendSPDR Barclays Capital Convertible SecETF (CWB) to Issue $0.13 Monthly Dividend
www.americanbankingnews.com - April 2 at 7:00 PM
SPDR Barclays Capital Convertible SecETF (CWB) Stock Rating Reaffirmed by Canaccord GenuitySPDR Barclays Capital Convertible SecETF (CWB) Stock Rating Reaffirmed by Canaccord Genuity
www.americanbankingnews.com - April 2 at 6:58 PM
SPDR Barclays Capital Convertible SecETF (CWB) Short Interest Down 35.8% in FebruarySPDR Barclays Capital Convertible SecETF (CWB) Short Interest Down 35.8% in February
www.americanbankingnews.com - March 18 at 2:46 AM
SPDR Barclays Capital Convertible SecETF (CWB) Short Interest Up 90.6% in FebruarySPDR Barclays Capital Convertible SecETF (CWB) Short Interest Up 90.6% in February
www.americanbankingnews.com - March 7 at 1:10 AM
Mackenzie Financial Corp Boosts Stake in SPDR Barclays Capital Convertible SecETF (CWB)Mackenzie Financial Corp Boosts Stake in SPDR Barclays Capital Convertible SecETF (CWB)
www.americanbankingnews.com - March 6 at 12:13 PM
Calamos Advisors LLC Acquires New Position in SPDR Barclays Capital Convertible SecETF (CWB)Calamos Advisors LLC Acquires New Position in SPDR Barclays Capital Convertible SecETF (CWB)
www.americanbankingnews.com - March 6 at 5:22 AM
SPDR Barclays Capital Convertible SecETF (CWB) Plans Monthly Dividend of $0.14SPDR Barclays Capital Convertible SecETF (CWB) Plans Monthly Dividend of $0.14
www.americanbankingnews.com - March 2 at 9:20 PM
Polaris Greystone Financial Group LLC Acquires 86,632 Shares of SPDR Barclays Capital Convertible SecETF (CWB)Polaris Greystone Financial Group LLC Acquires 86,632 Shares of SPDR Barclays Capital Convertible SecETF (CWB)
www.americanbankingnews.com - March 2 at 6:08 PM
SPDR Barclays Capital Convertible SecETF (CWB) Shares Sold by Baird Financial Group Inc.SPDR Barclays Capital Convertible SecETF (CWB) Shares Sold by Baird Financial Group Inc.
www.americanbankingnews.com - March 1 at 4:50 AM
SPDR Barclays Capital Convertible SecETF (CWB) Shares Sold by FDx Advisors Inc.SPDR Barclays Capital Convertible SecETF (CWB) Shares Sold by FDx Advisors Inc.
www.americanbankingnews.com - February 27 at 12:46 PM
SPDR Barclays Capital Convertible SecETF (CWB) Shares Sold by Arrow Investment Advisors LLCSPDR Barclays Capital Convertible SecETF (CWB) Shares Sold by Arrow Investment Advisors LLC
www.americanbankingnews.com - February 27 at 4:34 AM
KHP Capital LLC Invests $1.41 Million in SPDR Barclays Capital Convertible SecETF (CWB)KHP Capital LLC Invests $1.41 Million in SPDR Barclays Capital Convertible SecETF (CWB)
www.americanbankingnews.com - February 26 at 3:16 PM
SPDR Barclays Capital Convertible SecETF (CWB) Shares Sold by Advantage Investment Management LLCSPDR Barclays Capital Convertible SecETF (CWB) Shares Sold by Advantage Investment Management LLC
www.americanbankingnews.com - February 26 at 5:10 AM
Stringer Asset Management LLC Invests $3.31 Million in SPDR Barclays Capital Convertible SecETF (CWB)Stringer Asset Management LLC Invests $3.31 Million in SPDR Barclays Capital Convertible SecETF (CWB)
www.americanbankingnews.com - February 25 at 8:20 AM
3 Starter Income Portfolios For Every Circumstance3 Starter Income Portfolios For Every Circumstance
www.nasdaq.com - February 12 at 5:27 PM
SPDR Barclays Capital Convertible SecETF (CWB) Declares Monthly Dividend of $0.08SPDR Barclays Capital Convertible SecETF (CWB) Declares Monthly Dividend of $0.08
www.americanbankingnews.com - February 2 at 8:00 PM
SPDR Barclays Capital Convertible SecETF (CWB) Short Interest Down 36.6% in JanuarySPDR Barclays Capital Convertible SecETF (CWB) Short Interest Down 36.6% in January
www.americanbankingnews.com - February 1 at 2:46 AM
SPDR Barclays Capital Convertible SecETF (CWB) Declares Monthly Dividend of $0.75SPDR Barclays Capital Convertible SecETF (CWB) Declares Monthly Dividend of $0.75
www.americanbankingnews.com - December 19 at 10:32 PM
SPDR Barclays Capital Convertible SecETF (CWB) Short Interest Down 73.3% in NovemberSPDR Barclays Capital Convertible SecETF (CWB) Short Interest Down 73.3% in November
www.americanbankingnews.com - December 19 at 1:14 AM
SPDR Barclays Capital Convertible SecETF (CWB) Declares Dividend Increase - $0.13 Per ShareSPDR Barclays Capital Convertible SecETF (CWB) Declares Dividend Increase - $0.13 Per Share
www.americanbankingnews.com - December 1 at 6:16 PM
SPDR Barclays Capital Convertible SecETF (CWB) Short Interest UpdateSPDR Barclays Capital Convertible SecETF (CWB) Short Interest Update
www.americanbankingnews.com - November 30 at 1:08 AM
SPDR Barclays Capital Convertible SecETF (CWB) Given "Buy" Rating at ScotiabankSPDR Barclays Capital Convertible SecETF (CWB) Given "Buy" Rating at Scotiabank
www.americanbankingnews.com - November 23 at 1:14 PM
SPDR Barclays Capital Convertible SecETF (CWB) Receives Hold Rating from BMO Capital MarketsSPDR Barclays Capital Convertible SecETF (CWB) Receives Hold Rating from BMO Capital Markets
www.americanbankingnews.com - November 16 at 1:28 PM

SEC Filings

SPDR Bloomberg Barclays Convertible Securities ETF (NYSEARCA:CWB) SEC Filings

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Financials

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Chart

SPDR Bloomberg Barclays Convertible Securities ETF (NYSEARCA CWB) Stock Chart for Tuesday, May, 22, 2018

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This page was last updated on 5/22/2018 by MarketBeat.com Staff

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