iShares Convertible Bond ETF $ICVT Stock Bought by Onyx Bridge Wealth Group LLC

Onyx Bridge Wealth Group LLC lifted its stake in shares of iShares Convertible Bond ETF (BATS:ICVT) by 45.0% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 163,352 shares of the company’s stock after buying an additional 50,712 shares during the quarter. iShares Convertible Bond ETF makes up about 1.6% of Onyx Bridge Wealth Group LLC’s investment portfolio, making the stock its 15th largest holding. Onyx Bridge Wealth Group LLC owned approximately 0.58% of iShares Convertible Bond ETF worth $18,448,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. NewEdge Advisors LLC boosted its stake in iShares Convertible Bond ETF by 30.4% in the second quarter. NewEdge Advisors LLC now owns 85,064 shares of the company’s stock valued at $10,356,000 after acquiring an additional 19,854 shares during the last quarter. World Investment Advisors bought a new stake in shares of iShares Convertible Bond ETF during the 4th quarter valued at $414,000. Ocean Park Asset Management LLC bought a new stake in shares of iShares Convertible Bond ETF during the 1st quarter valued at $42,772,000. Allianz Asset Management GmbH lifted its stake in shares of iShares Convertible Bond ETF by 168.3% in the 2nd quarter. Allianz Asset Management GmbH now owns 176,300 shares of the company’s stock valued at $21,463,000 after purchasing an additional 110,600 shares during the period. Finally, Webster Bank N. A. lifted its stake in shares of iShares Convertible Bond ETF by 1,320.9% in the 1st quarter. Webster Bank N. A. now owns 6,039 shares of the company’s stock valued at $615,000 after purchasing an additional 5,614 shares during the period.

iShares Convertible Bond ETF Stock Performance

BATS:ICVT opened at $105.08 on Friday. iShares Convertible Bond ETF has a 12-month low of $94.41 and a 12-month high of $126.56. The stock’s fifty day simple moving average is $113.86 and its 200-day simple moving average is $114.92.

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.