iShares Convertible Bond ETF $ICVT Shares Sold by SteelPeak Wealth LLC

SteelPeak Wealth LLC trimmed its holdings in iShares Convertible Bond ETF (BATS:ICVT) by 57.3% during the first quarter, HoldingsChannel.com reports. The firm owned 11,716 shares of the company’s stock after selling 15,715 shares during the period. SteelPeak Wealth LLC’s holdings in iShares Convertible Bond ETF were worth $1,193,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Bank of America Corp DE raised its holdings in iShares Convertible Bond ETF by 3.2% in the third quarter. Bank of America Corp DE now owns 2,647,316 shares of the company’s stock valued at $264,864,000 after acquiring an additional 82,318 shares in the last quarter. LPL Financial LLC boosted its stake in iShares Convertible Bond ETF by 20.2% during the 4th quarter. LPL Financial LLC now owns 1,035,083 shares of the company’s stock valued at $101,956,000 after acquiring an additional 174,077 shares during the last quarter. AMG National Trust Bank grew its holdings in iShares Convertible Bond ETF by 7.4% during the 1st quarter. AMG National Trust Bank now owns 565,061 shares of the company’s stock worth $57,518,000 after acquiring an additional 39,016 shares in the last quarter. Greenleaf Trust grew its holdings in iShares Convertible Bond ETF by 0.8% during the 4th quarter. Greenleaf Trust now owns 451,146 shares of the company’s stock worth $44,438,000 after acquiring an additional 3,596 shares in the last quarter. Finally, Ocean Park Asset Management LLC bought a new stake in shares of iShares Convertible Bond ETF in the 1st quarter worth about $42,772,000.

iShares Convertible Bond ETF Price Performance

ICVT opened at $113.74 on Friday. The company has a 50-day moving average of $119.11 and a 200-day moving average of $110.06. iShares Convertible Bond ETF has a 1-year low of $90.77 and a 1-year high of $126.56.

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.