iShares Convertible Bond ETF $ICVT Shares Sold by Ameritas Advisory Services LLC

Ameritas Advisory Services LLC lowered its position in iShares Convertible Bond ETF (BATS:ICVT) by 5.0% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 62,107 shares of the company’s stock after selling 3,278 shares during the period. Ameritas Advisory Services LLC owned about 0.22% of iShares Convertible Bond ETF worth $5,596,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Brueske Advisory Services LLC purchased a new stake in shares of iShares Convertible Bond ETF during the second quarter worth about $207,000. Greenleaf Trust increased its stake in shares of iShares Convertible Bond ETF by 0.5% during the second quarter. Greenleaf Trust now owns 445,280 shares of the company’s stock worth $40,120,000 after purchasing an additional 2,151 shares in the last quarter. Independent Wealth Network Inc. increased its stake in shares of iShares Convertible Bond ETF by 5.9% during the second quarter. Independent Wealth Network Inc. now owns 7,182 shares of the company’s stock worth $647,000 after purchasing an additional 397 shares in the last quarter. Centerline Wealth Advisors LLC increased its stake in shares of iShares Convertible Bond ETF by 0.4% during the second quarter. Centerline Wealth Advisors LLC now owns 64,051 shares of the company’s stock worth $5,771,000 after purchasing an additional 243 shares in the last quarter. Finally, McAdam LLC increased its stake in shares of iShares Convertible Bond ETF by 10.6% during the second quarter. McAdam LLC now owns 4,462 shares of the company’s stock worth $402,000 after purchasing an additional 427 shares in the last quarter.

iShares Convertible Bond ETF Price Performance

ICVT stock opened at $101.64 on Friday. The firm has a 50-day simple moving average of $95.19 and a 200-day simple moving average of $89.53. iShares Convertible Bond ETF has a 52 week low of $75.97 and a 52 week high of $93.29.

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.