iShares Convertible Bond ETF $ICVT Shares Sold by Stokes Family Office LLC

Stokes Family Office LLC lessened its stake in iShares Convertible Bond ETF (BATS:ICVT) by 37.8% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 6,742 shares of the company’s stock after selling 4,092 shares during the period. Stokes Family Office LLC’s holdings in iShares Convertible Bond ETF were worth $607,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Wealth Preservation Advisors LLC acquired a new stake in shares of iShares Convertible Bond ETF in the first quarter valued at $29,000. Cape Investment Advisory Inc. lifted its holdings in iShares Convertible Bond ETF by 171.0% during the 1st quarter. Cape Investment Advisory Inc. now owns 355 shares of the company’s stock worth $30,000 after buying an additional 224 shares in the last quarter. Anderson Financial Strategies LLC purchased a new position in iShares Convertible Bond ETF in the 1st quarter valued at approximately $39,000. Private Wealth Asset Management LLC purchased a new position in iShares Convertible Bond ETF in the 2nd quarter valued at approximately $48,000. Finally, Vermillion & White Wealth Management Group LLC grew its stake in shares of iShares Convertible Bond ETF by 537.6% in the first quarter. Vermillion & White Wealth Management Group LLC now owns 746 shares of the company’s stock worth $62,000 after acquiring an additional 629 shares in the last quarter.

iShares Convertible Bond ETF Stock Up 19.4%

iShares Convertible Bond ETF stock opened at $101.67 on Friday. iShares Convertible Bond ETF has a twelve month low of $75.97 and a twelve month high of $93.29. The stock’s fifty day simple moving average is $100.13 and its 200-day simple moving average is $93.16.

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.