Dynamic Advisor Solutions LLC reduced its stake in shares of iShares Convertible Bond ETF (BATS:ICVT – Free Report) by 4.1% in the 1st quarter, Holdings Channel reports. The firm owned 51,943 shares of the company’s stock after selling 2,237 shares during the quarter. Dynamic Advisor Solutions LLC’s holdings in iShares Convertible Bond ETF were worth $4,343,000 at the end of the most recent quarter.
Other large investors have also bought and sold shares of the company. Orion Portfolio Solutions LLC raised its position in iShares Convertible Bond ETF by 10.8% during the 4th quarter. Orion Portfolio Solutions LLC now owns 4,221 shares of the company’s stock worth $359,000 after purchasing an additional 413 shares during the last quarter. Truist Financial Corp grew its holdings in iShares Convertible Bond ETF by 11.0% during the 4th quarter. Truist Financial Corp now owns 43,458 shares of the company’s stock worth $3,693,000 after acquiring an additional 4,300 shares during the period. Steward Partners Investment Advisory LLC grew its holdings in iShares Convertible Bond ETF by 43.0% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 4,906 shares of the company’s stock worth $417,000 after acquiring an additional 1,475 shares during the period. Raymond James Financial Inc. acquired a new stake in iShares Convertible Bond ETF during the 4th quarter worth about $8,475,000. Finally, Franklin Resources Inc. acquired a new stake in iShares Convertible Bond ETF during the 4th quarter worth about $62,000.
iShares Convertible Bond ETF Trading Up 2.9%
Shares of iShares Convertible Bond ETF stock opened at $87.56 on Monday. The business has a 50-day moving average price of $85.38 and a two-hundred day moving average price of $86.01. iShares Convertible Bond ETF has a 1-year low of $75.97 and a 1-year high of $89.71.
About iShares Convertible Bond ETF
The iShares Convertible Bond ETF (ICVT) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks an index of USD-denominated convertible bonds weighted by market value. The index contains only cash-pay convertibles and excludes mandatory and preferred convertibles.
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Want to see what other hedge funds are holding ICVT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Convertible Bond ETF (BATS:ICVT – Free Report).
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