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

$59.69
+0.15 (+0.25 %)
(As of 02/18/2020 02:59 AM ET)
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Today's Range
$59.53
Now: $59.69
$59.80
50-Day Range
$55.32
MA: $57.57
$59.69
52-Week Range
$50.21
Now: $59.69
$59.80
Volume616,908 shs
Average Volume1.22 million shs
Market Capitalization$4.92 billion
P/E RatioN/A
Dividend Yield2.86%
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
BenchmarkBloomberg Barclays U.S. Convertible Liquid Bond Index
CategoryCorporate
FocusConvertibles
Development LevelDeveloped Markets
RegionNorth America

Fund Statistics

Assets Under Management$5.00 billion
Average Daily Volume$1.28 million
Discount/Premium-0.01%

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 announced a monthly dividend on Monday, February 3rd. Shareholders of record on Tuesday, February 4th will be paid a dividend of $0.0864 per share on Friday, February 7th. This represents a $1.04 annualized dividend and a yield of 1.74%. The ex-dividend date of this dividend is Monday, February 3rd. View SPDR Bloomberg Barclays Convertible Securities ETF's Dividend History.

What price target have analysts set for CWB?

1 brokers have issued 12-month price objectives for SPDR Bloomberg Barclays Convertible Securities ETF's stock. Their forecasts range from $33.00 to $33.00. On average, they anticipate SPDR Bloomberg Barclays Convertible Securities ETF's stock price to reach $33.00 in the next twelve months. This suggests that the stock has a possible downside of 44.7%. 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?

News stories about CWB stock have been trending very negative recently, according to InfoTrie. The research group identifies positive and negative media coverage by reviewing more than six thousand blog and news 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 news impact score of -3.4 on InfoTrie's scale. They also assigned press coverage about the exchange traded fund a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for SPDR Bloomberg Barclays Convertible Securities ETF.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other SPDR Bloomberg Barclays Convertible Securities ETF investors own include iShares 20+ Year Treasury Bond ETF (TLT), Firm Capital Mortgage Investment (FC), AT&T (T), Verizon Communications (VZ), salesforce.com (CRM), Paycom Software (PAYC), SEA (SE), Shopify (SHOP), iShares China Large-Cap ETF (FXI) and iShares Edge MSCI USA Momentum Factor ETF (MTUM).

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 retail and institutional investors. Top institutional shareholders include Bank of America Corp DE (4.48%), Envestnet Asset Management Inc. (1.68%), PNC Financial Services Group Inc. (1.53%), UBS Group AG (1.38%), Conservest Capital Advisors Inc. (1.10%) and MD Financial Management Inc. (1.06%).

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 Tradewinds Capital Management LLC, Goldman Sachs Group Inc., PNC Financial Services Group Inc., NorthRock Partners LLC, Hilltop Holdings Inc., Advisor Group Inc., Appleton Group LLC and Northwestern Mutual Wealth Management Co..

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

CWB stock was bought by a variety of institutional investors in the last quarter, including IndexIQ Advisors LLC, Hanlon Investment Management Inc., Blue Sky Asset Management LLC, AE Wealth Management LLC, Bank of America Corp DE, Envestnet Asset Management Inc., XML Financial LLC and Trilogy Capital Inc..

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 $59.69.

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

SPDR Bloomberg Barclays Convertible Securities ETF has a market capitalization of $4.92 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:  2.5 out of 5 (star star half star)
Outperform Votes:  96 (Vote Outperform)
Underperform Votes:  94 (Vote Underperform)
Total Votes:  190
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 2/18/2020 by MarketBeat.com Staff

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