SG Americas Securities LLC Buys Shares of 20,794 iShares Convertible Bond ETF $ICVT

SG Americas Securities LLC purchased a new position in iShares Convertible Bond ETF (BATS:ICVT) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 20,794 shares of the company’s stock, valued at approximately $1,874,000.

Other hedge funds have also made changes to their positions in the company. Goldman Sachs Group Inc. raised its stake in shares of 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 grew its holdings in 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 purchasing an additional 2,707 shares during the last quarter. New York Life Investment Management LLC raised its position in shares of iShares Convertible Bond ETF by 3.7% in the second quarter. New York Life Investment Management LLC now owns 456,391 shares of the company’s stock valued at $41,121,000 after purchasing an additional 16,440 shares during the period. Greenleaf Trust raised its position in shares of 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. Finally, Baker Avenue Asset Management LP lifted its stake in shares of iShares Convertible Bond ETF by 15.6% in the first quarter. Baker Avenue Asset Management LP now owns 315,977 shares of the company’s stock worth $26,419,000 after buying an additional 42,733 shares during the last quarter.

iShares Convertible Bond ETF Stock Up 14.7%

BATS ICVT opened at $97.67 on Thursday. iShares Convertible Bond ETF has a 1 year low of $75.97 and a 1 year high of $93.29. The company has a fifty day simple moving average of $100.85 and a 200 day simple moving average of $94.07.

About iShares Convertible Bond ETF

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.