State Street SPDR Bloomberg Convertible Securities ETF (CWB) Research
The State Street SPDR Bloomberg Convertible Securities ETF aims to mirror the price and yield performance of the Bloomberg US Convertible Liquid Bond Index, before accounting for its fees and expenses. This fund provides investors with focused access to the U.S. market for convertible securities, specifically targeting those with an initial offering of at least $350 million and a minimum of $250 million still outstanding. Convertible bonds are unique debt instruments that offer holders the option to exchange them for a set number of the issuing company's common or preferred shares. The ETF's portfolio is rebalanced monthly, on the last business day.
Market snapshot
- Symbol
- CWB
- Price
- $110.58
- Day change
- +0.95%
- Market cap
- $4.9B
- 52-week range
- 80-112.02
- Sector
- Financial Services
- Industry
- Asset Management
Recent news
- AI financing fueling a surge in U.S. convertible bond sales
Corporate America is tapping the convertible bond market at a record pace as companies linked to artificial intelligence drive a surge in demand for debt that often draws extra investor interest in hot markets because it can convert into equity.
- The Iran War Is Changing the Bond Playbook
Investors may be better off looking outside the world's core bond markets right now, Brij Khurana writes in a guest commentary.
Peer companies
- Dimensional - International High Profitability ETF (DIHP)
- Vanguard Extended Duration Treasury ETF (EDV)
- iShares MSCI Emerging Markets Min Vol Factor ETF (EEMV)
- iShares MSCI Europe Financials ETF (EUFN)
- Goldman Sachs ActiveBeta International Equity ETF (GSIE)
- Vanguard S&P Mid-Cap 400 ETF (IVOO)
- Putnam Focused Large Cap Value ETF (PVAL)
- Schwab 1000 Index ETF (SCHK)
Recent insider activity
- GABELLI ASSET MANAGEMENT INC ET AL — P-Purchase (500 shares) on 2005-04-18
- GABELLI ASSET MANAGEMENT INC ET AL — P-Purchase (400 shares) on 2005-04-15
- GABELLI ASSET MANAGEMENT INC ET AL — P-Purchase (1600 shares) on 2005-04-14
- GABELLI ASSET MANAGEMENT INC ET AL — P-Purchase (1400 shares) on 2005-04-12
- GABELLI ASSET MANAGEMENT INC ET AL — P-Purchase (2200 shares) on 2005-04-06
Open State Street SPDR Bloomberg Convertible Securities ETF (CWB) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.