NYSEARCA:CWB - SPDR Barclays Capital Convertible SecETF Stock Price, Price Target & More

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$54.62 -0.17 (-0.31 %)
(As of 06/20/2018 03:42 AM ET)
Previous Close$54.79
Today's Range$54.11 - $54.62
52-Week Range$48.86 - $54.90
Volume919,127 shs
Average Volume1.24 million shs
Market CapitalizationN/A
P/E RatioN/A
Dividend Yield3.80%
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 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 Barclays Capital Convertible SecETF (NYSEARCA:CWB) Frequently Asked Questions

What is SPDR Barclays Capital Convertible SecETF's stock symbol?

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

How often does SPDR Barclays Capital Convertible SecETF pay dividends? What is the dividend yield for SPDR Barclays Capital Convertible SecETF?

SPDR Barclays Capital Convertible SecETF declared a monthly dividend on Monday, June 4th. Stockholders of record on Monday, June 4th will be given a dividend of $0.0948 per share on Thursday, June 7th. This represents a $1.14 annualized dividend and a dividend yield of 2.08%. The ex-dividend date is Friday, June 1st. This is a positive change from SPDR Barclays Capital Convertible SecETF's previous monthly dividend of $0.09. View SPDR Barclays Capital Convertible SecETF's Dividend History.

What price target have analysts set for CWB?

3 analysts have issued 1-year price objectives for SPDR Barclays Capital Convertible SecETF's stock. Their forecasts range from $33.00 to $42.00. On average, they expect SPDR Barclays Capital Convertible SecETF's stock price to reach $36.00 in the next twelve months. View Analyst Ratings for SPDR Barclays Capital Convertible SecETF.

Are investors shorting SPDR Barclays Capital Convertible SecETF?

SPDR Barclays Capital Convertible SecETF saw a drop in short interest during the month of May. As of May 15th, there was short interest totalling 1,328,520 shares, a drop of 41.8% from the April 30th total of 2,283,465 shares. Based on an average daily volume of 1,238,984 shares, the short-interest ratio is presently 1.1 days.

Has SPDR Barclays Capital Convertible SecETF been receiving favorable news coverage?

Headlines about CWB stock have been trending somewhat negative on Wednesday, Accern Sentiment Analysis reports. Accern scores the sentiment of press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. SPDR Barclays Capital Convertible SecETF earned a media sentiment score of -0.02 on Accern's scale. They also assigned press coverage about the exchange traded fund an impact score of 40.10 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.

Who are SPDR Barclays Capital Convertible SecETF's major shareholders?

SPDR Barclays Capital Convertible SecETF's stock is owned by a number of of institutional and retail investors. Top institutional investors 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 Barclays Capital Convertible SecETF.

Which major investors are selling SPDR Barclays Capital Convertible SecETF 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 Barclays Capital Convertible SecETF.

Which major investors are buying SPDR Barclays Capital Convertible SecETF stock?

CWB stock was bought 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 Barclays Capital Convertible SecETF.

How do I buy shares of SPDR Barclays Capital Convertible SecETF?

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 Barclays Capital Convertible SecETF's stock price today?

One share of CWB stock can currently be purchased for approximately $54.62.


MarketBeat Community Rating for SPDR Barclays Capital Convertible SecETF (CWB)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  65 (Vote Outperform)
Underperform Votes:  54 (Vote Underperform)
Total Votes:  119
MarketBeat's community ratings are surveys of what our community members think about SPDR Barclays Capital Convertible SecETF 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 6/20/2018 by MarketBeat.com Staff

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