31,236 Shares in iShares Convertible Bond ETF $ICVT Bought by Diversify Wealth Management LLC

Diversify Wealth Management LLC bought a new stake in iShares Convertible Bond ETF (BATS:ICVT) during the first quarter, Holdings Channel reports. The fund bought 31,236 shares of the company’s stock, valued at approximately $3,473,000.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Bank of America Corp DE increased its stake in iShares Convertible Bond ETF by 3.2% during the third quarter. Bank of America Corp DE now owns 2,647,316 shares of the company’s stock worth $264,864,000 after acquiring an additional 82,318 shares during the last quarter. LPL Financial LLC raised its holdings in shares of iShares Convertible Bond ETF by 20.2% in the 4th 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 during the period. AMG National Trust Bank lifted its stake in shares of iShares Convertible Bond ETF by 6.0% in the 4th quarter. AMG National Trust Bank now owns 526,045 shares of the company’s stock valued at $51,815,000 after purchasing an additional 29,778 shares in the last quarter. Greenleaf Trust lifted its stake in shares of iShares Convertible Bond ETF by 0.8% in the 4th quarter. Greenleaf Trust now owns 451,146 shares of the company’s stock valued at $44,438,000 after purchasing an additional 3,596 shares in the last quarter. Finally, Ocean Park Asset Management LLC purchased a new stake in shares of iShares Convertible Bond ETF during the 1st quarter worth about $42,772,000.

iShares Convertible Bond ETF Stock Performance

Shares of BATS:ICVT opened at $117.92 on Monday. The stock has a 50-day simple moving average of $119.19 and a 200-day simple moving average of $109.58. iShares Convertible Bond ETF has a 1 year low of $90.68 and a 1 year high of $126.56.

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.