iShares Convertible Bond ETF $ICVT Shares Sold by Ewa LLC

Ewa LLC trimmed its stake in iShares Convertible Bond ETF (BATS:ICVT) by 19.3% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 7,997 shares of the company’s stock after selling 1,912 shares during the quarter. Ewa LLC’s holdings in iShares Convertible Bond ETF were worth $721,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Sowell Financial Services LLC acquired a new position in shares of iShares Convertible Bond ETF in the first quarter worth $271,000. Bank of New York Mellon Corp raised its holdings in shares of iShares Convertible Bond ETF by 5.2% in the first quarter. Bank of New York Mellon Corp now owns 68,877 shares of the company’s stock worth $5,759,000 after acquiring an additional 3,381 shares during the last quarter. Independent Wealth Network Inc. raised its holdings in shares of iShares Convertible Bond ETF by 5.9% in the second quarter. Independent Wealth Network Inc. now owns 7,182 shares of the company’s stock worth $647,000 after acquiring an additional 397 shares during the last quarter. Cambridge Investment Research Advisors Inc. raised its holdings in shares of iShares Convertible Bond ETF by 8.1% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 67,499 shares of the company’s stock worth $5,644,000 after acquiring an additional 5,050 shares during the last quarter. Finally, Deutsche Bank AG acquired a new position in shares of iShares Convertible Bond ETF in the first quarter worth $20,735,000.

iShares Convertible Bond ETF Stock Up 18.4%

Shares of BATS:ICVT opened at $100.77 on Thursday. iShares Convertible Bond ETF has a 52 week low of $75.97 and a 52 week high of $93.29. The business has a fifty day simple moving average of $95.02 and a 200-day simple moving average of $89.45.

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.