Financial Life Advisors Purchases Shares of 9,119 iShares Convertible Bond ETF $ICVT

Financial Life Advisors acquired a new stake in iShares Convertible Bond ETF (BATS:ICVT) in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 9,119 shares of the company’s stock, valued at approximately $1,110,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Ocean Park Asset Management LLC bought a new stake in iShares Convertible Bond ETF in the first quarter valued at about $42,772,000. LPL Financial LLC raised its position in iShares Convertible Bond ETF by 20.2% in the fourth quarter. LPL Financial LLC now owns 1,035,083 shares of the company’s stock worth $101,956,000 after purchasing an additional 174,077 shares in the last quarter. Jane Street Group LLC bought a new position in iShares Convertible Bond ETF during the fourth quarter worth about $13,564,000. OpenArc Corporate Advisory LLC bought a new position in iShares Convertible Bond ETF during the fourth quarter worth about $12,625,000. Finally, Dynasty Wealth Management LLC boosted its holdings in iShares Convertible Bond ETF by 412.2% during the fourth quarter. Dynasty Wealth Management LLC now owns 126,688 shares of the company’s stock valued at $12,479,000 after purchasing an additional 101,954 shares in the last quarter.

iShares Convertible Bond ETF Trading Down 0.4%

ICVT stock opened at $113.84 on Tuesday. iShares Convertible Bond ETF has a 1-year low of $93.23 and a 1-year high of $126.56. The business’s 50 day moving average is $116.41 and its 200-day moving average is $112.89.

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