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

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$52.62 -0.11 (-0.21 %)
(As of 08/17/2018 01:04 PM ET)
Previous Close$52.73
Today's Range$52.43 - $52.71
52-Week Range$48.86 - $54.99
Volume23,764 shs
Average Volume1.21 million shs
Market CapitalizationN/A
P/E RatioN/A
Dividend Yield3.91%
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$4.35 billion
Average Daily Volume$1.23 million
Discount/Premium-0.55%

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 announced a monthly dividend on Wednesday, August 1st. Investors of record on Thursday, August 2nd will be paid a dividend of $0.0818 per share on Tuesday, August 7th. This represents a $0.98 dividend on an annualized basis and a yield of 1.86%. The ex-dividend date is Wednesday, August 1st. View SPDR Bloomberg Barclays Convertible Securities ETF's Dividend History.

What price target have analysts set for CWB?

3 analysts have issued 12-month price objectives for SPDR Bloomberg Barclays Convertible Securities ETF's stock. Their forecasts range from $33.00 to $42.00. On average, they expect SPDR Bloomberg Barclays Convertible Securities ETF's share price to reach $36.00 in the next twelve months. This suggests that the stock has a possible downside of 31.6%. View Analyst Price Targets for SPDR Bloomberg Barclays Convertible Securities ETF.

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

3 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 and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." 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 during the month of July. As of July 13th, there was short interest totalling 868,065 shares, an increase of 56.0% from the June 29th total of 556,453 shares. Based on an average trading volume of 1,246,786 shares, the short-interest ratio is presently 0.7 days. View SPDR Bloomberg Barclays Convertible Securities ETF's Current Options Chain.

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

News articles about CWB stock have trended somewhat positive on Friday, Accern reports. The research group rates the sentiment of media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. SPDR Bloomberg Barclays Convertible Securities ETF earned a media and rumor sentiment score of 0.18 on Accern's scale. They also gave news coverage about the exchange traded fund an impact score of 46.32 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next few days. View Recent Headlines for SPDR Bloomberg Barclays Convertible Securities ETF.

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 institutional and retail investors. Top institutional shareholders include Bank of America Corp DE (4.49%), Morgan Stanley (4.08%), Wells Fargo & Company MN (3.65%), MD Financial Management Inc. (1.91%), PNC Financial Services Group Inc. (1.67%) and Bank of Montreal Can (1.53%).

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 Eqis Capital Management Inc., Jane Street Group LLC, Cambridge Investment Research Advisors Inc., FMR LLC, Tradewinds Capital Management LLC, Stonehearth Capital Management LLC, BB&T Securities LLC and Visionary Asset Management Inc..

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 SG Americas Securities LLC, Conservest Capital Advisors Inc., IndexIQ Advisors LLC, Envestnet Asset Management Inc., Wells Fargo & Company MN, Cornerstone Wealth Management LLC, Bank of America Corp DE and Stephens Inc. AR.

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 $52.64.


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

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  73 (Vote Outperform)
Underperform Votes:  61 (Vote Underperform)
Total Votes:  134
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 8/17/2018 by MarketBeat.com Staff

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