JB Capital LLC Sells 2,710 Shares of iShares Convertible Bond ETF $ICVT

JB Capital LLC reduced its position in shares of iShares Convertible Bond ETF (BATS:ICVT) by 38.8% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 4,279 shares of the company’s stock after selling 2,710 shares during the period. JB Capital LLC’s holdings in iShares Convertible Bond ETF were worth $386,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of ICVT. Envestnet Asset Management Inc. raised its holdings in shares of iShares Convertible Bond ETF by 3.7% in the first quarter. Envestnet Asset Management Inc. now owns 1,523,827 shares of the company’s stock valued at $127,407,000 after buying an additional 54,513 shares during the last quarter. Goldman Sachs Group Inc. increased its position in iShares Convertible Bond ETF by 36.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,252,000 shares of the company’s stock valued at $104,680,000 after acquiring an additional 334,100 shares in the last quarter. LPL Financial LLC lifted its holdings in iShares Convertible Bond ETF by 0.3% during the 1st quarter. LPL Financial LLC now owns 948,047 shares of the company’s stock worth $79,266,000 after buying an additional 2,707 shares in the last quarter. AMG National Trust Bank lifted its holdings in iShares Convertible Bond ETF by 1.9% during the 1st quarter. AMG National Trust Bank now owns 488,995 shares of the company’s stock worth $40,885,000 after buying an additional 9,173 shares in the last quarter. Finally, Greenleaf Trust raised its position in shares of iShares Convertible Bond ETF by 0.5% during the second quarter. Greenleaf Trust now owns 445,280 shares of the company’s stock worth $40,120,000 after acquiring an additional 2,151 shares during the last quarter.

iShares Convertible Bond ETF Stock Performance

ICVT stock opened at $100.40 on Friday. iShares Convertible Bond ETF has a twelve month low of $75.97 and a twelve month high of $93.29. The business has a fifty day moving average of $96.32 and a 200-day moving average of $90.19.

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.