RHS Financial LLC trimmed its stake in iShares Convertible Bond ETF (BATS:ICVT – Free Report) by 44.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,290 shares of the company’s stock after selling 2,594 shares during the period. RHS Financial LLC’s holdings in iShares Convertible Bond ETF were worth $280,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also bought and sold shares of ICVT. Creative Planning increased its holdings in shares of iShares Convertible Bond ETF by 12.3% in the 3rd quarter. Creative Planning now owns 3,325 shares of the company’s stock worth $278,000 after buying an additional 363 shares during the last quarter. Hennion & Walsh Asset Management Inc. grew its position in iShares Convertible Bond ETF by 23.4% in the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 4,033 shares of the company’s stock worth $343,000 after acquiring an additional 766 shares in the last quarter. JPMorgan Chase & Co. increased its stake in iShares Convertible Bond ETF by 32.6% in the third quarter. JPMorgan Chase & Co. now owns 228,239 shares of the company’s stock valued at $19,097,000 after acquiring an additional 56,149 shares during the last quarter. Private Advisor Group LLC raised its position in iShares Convertible Bond ETF by 3.9% during the third quarter. Private Advisor Group LLC now owns 31,568 shares of the company’s stock valued at $2,641,000 after purchasing an additional 1,199 shares in the last quarter. Finally, Bank of Montreal Can lifted its stake in iShares Convertible Bond ETF by 857.2% during the second quarter. Bank of Montreal Can now owns 26,389 shares of the company’s stock worth $2,088,000 after purchasing an additional 23,632 shares during the last quarter.
iShares Convertible Bond ETF Trading Up 3.1 %
ICVT opened at $87.77 on Friday. The stock has a 50-day moving average price of $87.19 and a 200-day moving average price of $84.04. iShares Convertible Bond ETF has a 12-month low of $50.43 and a 12-month high of $58.18.
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.
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