D.A. Davidson & CO. grew its stake in shares of iShares Convertible Bond ETF (BATS:ICVT – Free Report) by 10.5% in the second quarter, according to its most recent disclosure with the SEC. The fund owned 19,978 shares of the company’s stock after buying an additional 1,894 shares during the period. D.A. Davidson & CO. owned approximately 0.07% of iShares Convertible Bond ETF worth $1,800,000 as of its most recent filing with the SEC.
A number of other large investors have also made changes to their positions in the stock. Envestnet Asset Management Inc. raised its position in shares of iShares Convertible Bond ETF by 3.7% during 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. raised its position in shares of iShares Convertible Bond ETF by 36.4% during the first quarter. Goldman Sachs Group Inc. now owns 1,252,000 shares of the company’s stock valued at $104,680,000 after buying an additional 334,100 shares during the last quarter. LPL Financial LLC raised its position in shares of iShares Convertible Bond ETF by 0.3% during the first quarter. LPL Financial LLC now owns 948,047 shares of the company’s stock valued at $79,266,000 after buying an additional 2,707 shares during the last quarter. AMG National Trust Bank raised its position in shares of iShares Convertible Bond ETF by 1.9% during the first quarter. AMG National Trust Bank now owns 488,995 shares of the company’s stock valued at $40,885,000 after buying an additional 9,173 shares during 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 valued at $40,120,000 after buying an additional 2,151 shares during the last quarter.
iShares Convertible Bond ETF Price Performance
BATS ICVT opened at $102.68 on Monday. iShares Convertible Bond ETF has a twelve month low of $75.97 and a twelve month high of $93.29. The company’s 50-day simple moving average is $98.28 and its 200 day simple moving average is $91.75.
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.
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