iShares Convertible Bond ETF (BATS:ICVT) Position Cut by Herold Advisors Inc.

Herold Advisors Inc. trimmed its holdings in iShares Convertible Bond ETF (BATS:ICVTGet Rating) by 4.1% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,815 shares of the company’s stock after selling 595 shares during the quarter. Herold Advisors Inc.’s holdings in iShares Convertible Bond ETF were worth $958,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in ICVT. Rosenberg Matthew Hamilton lifted its holdings in shares of iShares Convertible Bond ETF by 6,714.3% in the second quarter. Rosenberg Matthew Hamilton now owns 477 shares of the company’s stock valued at $33,000 after purchasing an additional 470 shares in the last quarter. Farmers & Merchants Investments Inc. grew its position in shares of iShares Convertible Bond ETF by 120.0% in the first quarter. Farmers & Merchants Investments Inc. now owns 550 shares of the company’s stock valued at $46,000 after purchasing an additional 300 shares during the last quarter. Prosperity Planning Inc. acquired a new stake in shares of iShares Convertible Bond ETF in the second quarter valued at about $39,000. Crewe Advisors LLC acquired a new stake in shares of iShares Convertible Bond ETF in the first quarter valued at about $48,000. Finally, Bank of Montreal Can bought a new stake in shares of iShares Convertible Bond ETF in the first quarter valued at about $88,000.

iShares Convertible Bond ETF Stock Performance

Shares of BATS ICVT traded down $1.42 during mid-day trading on Friday, hitting $68.78. 212,318 shares of the stock were exchanged. The stock’s fifty day simple moving average is $73.27 and its two-hundred day simple moving average is $74.87. iShares Convertible Bond ETF has a twelve month low of $50.43 and a twelve month high of $58.18.

Further Reading

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Institutional Ownership by Quarter for iShares Convertible Bond ETF (BATS:ICVT)

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