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

$53.10
-0.12 (-0.23 %)
(As of 09/22/2019 04:00 PM ET)
Add
Today's Range
$52.93
Now: $53.10
$53.3131
50-Day Range
$51.85
MA: $52.68
$53.54
52-Week Range
$45.13
Now: $53.10
$54.22
Volume437,258 shs
Average Volume838,347 shs
Market Capitalization$4.06 billion
P/E RatioN/A
Dividend Yield5.23%
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.

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
Benchmark
CategoryCorporate
FocusConvertibles
Development LevelDeveloped Markets
RegionNorth America

Fund Statistics

Assets Under Management$4.05 billion
Average Daily Volume$556,759.30
Discount/Premium0.05%

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

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Geographic Exposure of SPDR Bloomberg Barclays Convertible Securities ETF (NYSEARCA:CWB)
Currency Exposure of SPDR Bloomberg Barclays Convertible Securities ETF (NYSEARCA:CWB)
Sector Exposure of SPDR Bloomberg Barclays Convertible Securities ETF (NYSEARCA:CWB)
Industry Exposure of SPDR Bloomberg Barclays Convertible Securities ETF (NYSEARCA:CWB)

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 -- dividend on Tuesday, September 3rd. Shareholders of record on Wednesday, September 4th will be paid a dividend of $0.085 per share on Monday, September 9th. This represents a yield of 5.3%. The ex-dividend date of this dividend is Tuesday, September 3rd. View SPDR Bloomberg Barclays Convertible Securities ETF's Dividend History.

What price target have analysts set for CWB?

2 Wall Street analysts have issued 12-month target prices for SPDR Bloomberg Barclays Convertible Securities ETF's stock. Their predictions range from $27.00 to $33.00. On average, they anticipate SPDR Bloomberg Barclays Convertible Securities ETF's share price to reach $30.00 in the next year. This suggests that the stock has a possible downside of 43.5%. View Analyst Price Targets for SPDR Bloomberg Barclays Convertible Securities ETF.

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

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SPDR Bloomberg Barclays Convertible Securities ETF in the last year. There are currently 2 hold ratings 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 been trending somewhat negative recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. SPDR Bloomberg Barclays Convertible Securities ETF earned a media sentiment score of -1.3 on InfoTrie's scale. They also assigned news articles about the exchange traded fund a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the next few days. View News Stories for SPDR Bloomberg Barclays Convertible Securities ETF.

What other stocks do shareholders of SPDR Bloomberg Barclays Convertible Securities ETF own?

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

SPDR Bloomberg Barclays Convertible Securities ETF's stock is owned by many different of retail and institutional investors. Top institutional investors include Morgan Stanley (4.62%), Bank of America Corp DE (4.53%), Wells Fargo & Company MN (3.05%), Bank of Montreal Can (1.84%), Nan Shan Life Insurance Co. Ltd. (1.78%) and UBS Group AG (1.45%).

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 JPMorgan Chase & Co., MD Financial Management Inc., Spectrum Wealth Advisory Group LLC, UBS Group AG, James Investment Research Inc., United Capital Financial Advisers LLC, LPL Financial LLC and Claraphi Advisory Network LLC.

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

CWB stock was purchased by a variety of institutional investors in the last quarter, including Nan Shan Life Insurance Co. Ltd., Tradewinds Capital Management LLC, Insight Wealth Strategies LLC, Prudential Financial Inc., Jane Street Group LLC, Carnick & Kubik Group LLC, Connecticut Wealth Management LLC and Prime Capital Investment Advisors LLC.

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, Robinhood, 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 $53.10.

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

SPDR Bloomberg Barclays Convertible Securities ETF has a market capitalization of $4.06 billion. View Additional Information About SPDR Bloomberg Barclays Convertible Securities ETF.

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

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


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

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  95 (Vote Outperform)
Underperform Votes:  90 (Vote Underperform)
Total Votes:  185
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 9/22/2019 by MarketBeat.com Staff

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