iShares Convertible Bond ETF $ICVT Holdings Lifted by Systelligence LLC

Systelligence LLC boosted its position in shares of iShares Convertible Bond ETF (BATS:ICVT) by 103.2% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 161,188 shares of the company’s stock after buying an additional 81,860 shares during the quarter. iShares Convertible Bond ETF accounts for approximately 2.7% of Systelligence LLC’s investment portfolio, making the stock its 12th largest position. Systelligence LLC owned approximately 0.58% of iShares Convertible Bond ETF worth $14,523,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Sowell Financial Services LLC bought a new position in iShares Convertible Bond ETF during the first quarter valued at about $271,000. Bank of New York Mellon Corp boosted its stake in iShares Convertible Bond ETF by 5.2% during the first quarter. Bank of New York Mellon Corp now owns 68,877 shares of the company’s stock valued at $5,759,000 after buying an additional 3,381 shares in the last quarter. Independent Wealth Network Inc. boosted its stake in 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 valued at $647,000 after buying an additional 397 shares in the last quarter. Cambridge Investment Research Advisors Inc. boosted its stake in iShares Convertible Bond ETF by 8.1% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 67,499 shares of the company’s stock valued at $5,644,000 after buying an additional 5,050 shares in the last quarter. Finally, Deutsche Bank AG bought a new position in iShares Convertible Bond ETF during the first quarter valued at about $20,735,000.

iShares Convertible Bond ETF Stock Up 19.7%

Shares of ICVT stock opened at $101.86 on Friday. The stock has a 50-day simple moving average of $97.37 and a 200 day simple moving average of $90.83. iShares Convertible Bond ETF has a fifty-two week low of $75.97 and a fifty-two week high of $93.29.

iShares Convertible Bond ETF 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.