K. Michael Conaway bought SPDR Bloomberg Barclays Convertible Securities ETF (CWB) [ST] (CWB)
K. Michael Conaway (R-TX), a U.S. Representative, has disclosed 3 trades in SPDR Bloomberg Barclays Convertible Securities ETF (CWB) [ST] (CWB) since 2019, all purchases, worth an estimated $158K in disclosed volume (the midpoint of the dollar ranges members report, not exact amounts).
The trade highlighted here is a purchase: K. Michael Conaway bought $50,001 - $100,000 of SPDR Bloomberg Barclays Convertible Securities ETF (CWB) [ST] (CWB) on July 24, 2019. Since that trade, CWB is up +111.41% against the S&P 500 up +167.34%, an outperformance of -55.93%.
Across these filings, K. Michael Conaway has been a net buyer of CWB. The most recent disclosed CWB transaction shown was dated August 10, 2020. Each row in the table below links to that trade and its post-trade performance versus the market.
Data updated
K. Michael Conaway's CWB trades vs the price
CWB is up +111.41% since K. Michael Conaway bought on July 24, 2019, versus +167.34% for the S&P 500.
Performance since this trade
All K. Michael Conaway CWB trades
K. Michael Conaway & CWB trading FAQ
Is it legal for K. Michael Conaway to trade SPDR Bloomberg Barclays Convertible Securities ETF (CWB) [ST] (CWB) stock?
Yes. Members of Congress are allowed to trade individual stocks, including SPDR Bloomberg Barclays Convertible Securities ETF (CWB) [ST] (CWB), but the STOCK Act of 2012 requires them to publicly disclose each transaction within 45 days. Quantellect tracks those disclosures; this page does not imply the trade was improper.
When did K. Michael Conaway buy CWB?
K. Michael Conaway disclosed a purchase of $50,001 - $100,000 of SPDR Bloomberg Barclays Convertible Securities ETF (CWB) [ST] (CWB) on July 24, 2019, according to public STOCK Act filings.
How has CWB performed since K. Michael Conaway's trade?
Since K. Michael Conaway bought CWB on July 24, 2019, the stock is up +111.41%, versus +167.34% for the S&P 500 over the same period, an outperformance of -55.93%.
How many times has K. Michael Conaway traded CWB?
K. Michael Conaway has disclosed 3 CWB trades since 2019. Every disclosed trade is listed on this page.
How soon must members of Congress disclose a trade?
Under the STOCK Act, members of Congress must publicly report a covered transaction within 45 days of the trade. Filings can still be delayed, amended, or contain errors.
Where can I see all congressional CWB trades?
Quantellect tracks every disclosed congressional trade in SPDR Bloomberg Barclays Convertible Securities ETF (CWB) [ST] (CWB) on the SPDR Bloomberg Barclays Convertible Securities ETF (CWB) [ST] congressional trading page, which aggregates filings across all members of Congress.
K. Michael Conaway's CWB tradesAll congressional filings for SPDR Bloomberg Barclays Convertible Securities ETF (CWB) [ST]K. Michael Conaway's full profile
Not investment advice. Congressional trading data is sourced from public STOCK Act disclosures, which are filed with a delay and may contain errors or be revised. Estimated prices and post-trade returns are derived algorithmically from public filings and end-of-day market data and describe historical activity, not a recommendation. Always do your own research and consult a licensed financial advisor before making investment decisions.