Cwm LLC trimmed its position in iShares Convertible Bond ETF (BATS:ICVT – Free Report) by 18.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 183,755 shares of the company’s stock after selling 42,043 shares during the quarter. Cwm LLC’s holdings in iShares Convertible Bond ETF were worth $16,556,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently bought and sold shares of the company. Sowell Financial Services LLC acquired a new position in iShares Convertible Bond ETF in the 1st quarter valued at about $271,000. Bank of New York Mellon Corp lifted its holdings in shares of iShares Convertible Bond ETF by 5.2% in the 1st quarter. Bank of New York Mellon Corp now owns 68,877 shares of the company’s stock worth $5,759,000 after acquiring an additional 3,381 shares during the last quarter. Independent Wealth Network Inc. lifted its holdings in shares of iShares Convertible Bond ETF by 5.9% in the 2nd quarter. Independent Wealth Network Inc. now owns 7,182 shares of the company’s stock worth $647,000 after acquiring an additional 397 shares during the last quarter. Cambridge Investment Research Advisors Inc. lifted its holdings in shares of iShares Convertible Bond ETF by 8.1% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 67,499 shares of the company’s stock worth $5,644,000 after acquiring an additional 5,050 shares during the last quarter. Finally, Deutsche Bank AG acquired a new position in shares of iShares Convertible Bond ETF in the 1st quarter worth approximately $20,735,000.
iShares Convertible Bond ETF Stock Performance
Shares of ICVT stock opened at $102.50 on Tuesday. The firm’s 50 day moving average price is $96.52 and its 200-day moving average price is $90.37. iShares Convertible Bond ETF has a one year low of $75.97 and a one year high of $93.29.
iShares Convertible Bond ETF Company Profile
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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