8,444 iShares Convertible Bond ETF $ICVT Shares Purchased by Independence Financial Advisors LLC

Independence Financial Advisors LLC raised its stake in iShares Convertible Bond ETF (BATS:ICVT) by 6.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 149,820 shares of the company’s stock after purchasing an additional 8,444 shares during the period. iShares Convertible Bond ETF accounts for approximately 4.3% of Independence Financial Advisors LLC’s investment portfolio, making the stock its 7th biggest position. Independence Financial Advisors LLC owned approximately 0.54% of iShares Convertible Bond ETF worth $16,920,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. City Center Advisors LLC raised its holdings in iShares Convertible Bond ETF by 6.5% in the 3rd quarter. City Center Advisors LLC now owns 3,101 shares of the company’s stock valued at $350,000 after acquiring an additional 189 shares during the period. Fig Financial Advisory Services Inc. ADV bought a new stake in shares of iShares Convertible Bond ETF during the third quarter worth approximately $1,437,000. Elevation Wealth Partners LLC grew its position in shares of iShares Convertible Bond ETF by 4,675.9% in the third quarter. Elevation Wealth Partners LLC now owns 43,604 shares of the company’s stock valued at $4,924,000 after purchasing an additional 42,691 shares during the last quarter. Cassilly Financial Group LLC increased its stake in shares of iShares Convertible Bond ETF by 4.2% during the third quarter. Cassilly Financial Group LLC now owns 4,881 shares of the company’s stock worth $551,000 after purchasing an additional 198 shares during the period. Finally, SigFig Wealth Management LLC bought a new position in shares of iShares Convertible Bond ETF during the third quarter worth approximately $276,000.

iShares Convertible Bond ETF Stock Performance

BATS:ICVT traded down $1.58 during mid-day trading on Thursday, hitting $111.11. 620,886 shares of the stock were exchanged, compared to its average volume of 744,486. The firm’s 50-day simple moving average is $114.71 and its 200 day simple moving average is $114.70. iShares Convertible Bond ETF has a fifty-two week low of $94.41 and a fifty-two week high of $126.56.

About iShares Convertible Bond ETF

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.