The SPDR Bloomberg Convertible Securities ETF (CWB) has reported a notable outflow of approximately $64.7 million, equating to a 1.8% decrease in shares outstanding, dropping from 48.9 million to 48 million. This change was observed over the last week.
In the past year, CWB’s share price has fluctuated between a low of $64.56 and a high of $73.435, with the most recent trade recorded at $72.10. This price reflects a close proximity to its 200-day moving average, which is a common metric for assessing price trends in ETFs.
