Cyndeo Wealth Partners LLC Lowers Stock Holdings in iShares Convertible Bond ETF $ICVT

Cyndeo Wealth Partners LLC lowered its position in iShares Convertible Bond ETF (BATS:ICVT) by 6.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,263 shares of the company’s stock after selling 353 shares during the period. Cyndeo Wealth Partners LLC’s holdings in iShares Convertible Bond ETF were worth $474,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. lifted its position in 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 purchasing an additional 54,513 shares during the period. Goldman Sachs Group Inc. lifted its position in iShares Convertible Bond ETF by 36.4% in the first quarter. Goldman Sachs Group Inc. now owns 1,252,000 shares of the company’s stock valued at $104,680,000 after purchasing an additional 334,100 shares during the period. LPL Financial LLC lifted its position in iShares Convertible Bond ETF by 0.3% in the first quarter. LPL Financial LLC now owns 948,047 shares of the company’s stock valued at $79,266,000 after purchasing an additional 2,707 shares during the period. AMG National Trust Bank lifted its position in iShares Convertible Bond ETF by 1.9% in the first quarter. AMG National Trust Bank now owns 488,995 shares of the company’s stock valued at $40,885,000 after purchasing an additional 9,173 shares during the period. Finally, Greenleaf Trust lifted its position in iShares Convertible Bond ETF by 0.5% in the second quarter. Greenleaf Trust now owns 445,280 shares of the company’s stock valued at $40,120,000 after purchasing an additional 2,151 shares during the period.

iShares Convertible Bond ETF Stock Performance

Shares of BATS:ICVT opened at $100.40 on Friday. The company has a 50-day moving average price of $96.32 and a 200 day moving average price of $90.22. iShares Convertible Bond ETF has a 52 week low of $75.97 and a 52 week high of $93.29.

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.