Park Avenue Securities LLC bought a new position in shares of iShares Convertible Bond ETF (BATS:ICVT – Free Report) during the 3rd quarter, Holdings Channel.com reports. The firm bought 23,135 shares of the company’s stock, valued at approximately $2,613,000.
Several other hedge funds have also recently bought and sold shares of ICVT. Sigma Planning Corp bought a new stake in shares of iShares Convertible Bond ETF during the 3rd quarter worth about $379,000. Dedeker Financial LLC increased its holdings in shares of iShares Convertible Bond ETF by 18.7% during the 3rd quarter. Dedeker Financial LLC now owns 10,768 shares of the company’s stock valued at $1,216,000 after acquiring an additional 1,698 shares during the last quarter. Citizens Financial Group Inc. RI acquired a new position in shares of iShares Convertible Bond ETF during the 3rd quarter valued at about $370,000. Simplicity Wealth LLC raised its stake in shares of iShares Convertible Bond ETF by 10.4% in the 3rd quarter. Simplicity Wealth LLC now owns 24,017 shares of the company’s stock valued at $2,712,000 after acquiring an additional 2,267 shares in the last quarter. Finally, Wedbush Securities Inc. bought a new position in shares of iShares Convertible Bond ETF in the 3rd quarter valued at approximately $463,000.
iShares Convertible Bond ETF Price Performance
Shares of ICVT stock opened at $105.17 on Friday. The stock’s 50 day simple moving average is $111.70 and its 200 day simple moving average is $111.58. iShares Convertible Bond ETF has a twelve month low of $94.41 and a twelve month 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.
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Want to see what other hedge funds are holding ICVT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Convertible Bond ETF (BATS:ICVT – Free Report).
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