iShares Convertible Bond ETF $ICVT Stock Holdings Boosted by Capital Wealth Management LLC

Capital Wealth Management LLC raised its position in shares of iShares Convertible Bond ETF (BATS:ICVT) by 30.0% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 48,484 shares of the company’s stock after purchasing an additional 11,178 shares during the quarter. iShares Convertible Bond ETF comprises 1.5% of Capital Wealth Management LLC’s portfolio, making the stock its 18th largest holding. Capital Wealth Management LLC’s holdings in iShares Convertible Bond ETF were worth $4,776,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in ICVT. Focus Partners Wealth bought a new position in iShares Convertible Bond ETF during the 1st quarter valued at $663,000. Creative Planning bought a new stake in shares of iShares Convertible Bond ETF during the 2nd quarter worth $350,000. Qube Research & Technologies Ltd boosted its stake in shares of iShares Convertible Bond ETF by 144.6% during the 2nd quarter. Qube Research & Technologies Ltd now owns 3,331 shares of the company’s stock worth $300,000 after acquiring an additional 1,969 shares in the last quarter. BNP Paribas Financial Markets boosted its stake in shares of iShares Convertible Bond ETF by 137.1% during the 2nd quarter. BNP Paribas Financial Markets now owns 54,066 shares of the company’s stock worth $4,871,000 after acquiring an additional 31,263 shares in the last quarter. Finally, MML Investors Services LLC boosted its stake in shares of iShares Convertible Bond ETF by 7.5% during the 2nd quarter. MML Investors Services LLC now owns 143,831 shares of the company’s stock worth $12,959,000 after acquiring an additional 9,991 shares in the last quarter.

iShares Convertible Bond ETF Price Performance

ICVT opened at $112.71 on Friday. The business has a fifty day simple moving average of $105.95 and a 200-day simple moving average of $103.03. iShares Convertible Bond ETF has a fifty-two week low of $84.83 and a fifty-two week high of $112.91.

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. ICVT was launched on Jun 2, 2015 and is managed by BlackRock.