Citadel Advisors LLC reduced its holdings in shares of iShares Convertible Bond ETF (BATS:ICVT – Free Report) by 27.3% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 41,747 shares of the company’s stock after selling 15,638 shares during the period. Citadel Advisors LLC owned about 0.15% of iShares Convertible Bond ETF worth $5,082,000 at the end of the most recent quarter.
Other hedge funds also recently added to or reduced their stakes in the company. Strategic Advocates LLC boosted its position in iShares Convertible Bond ETF by 94.8% in the 4th quarter. Strategic Advocates LLC now owns 372 shares of the company’s stock valued at $37,000 after buying an additional 181 shares during the period. Sunbelt Securities Inc. increased its position in shares of iShares Convertible Bond ETF by 36.5% during the third quarter. Sunbelt Securities Inc. now owns 389 shares of the company’s stock worth $39,000 after acquiring an additional 104 shares during the period. Ashton Thomas Securities LLC acquired a new stake in shares of iShares Convertible Bond ETF in the first quarter valued at $58,000. CIBC Private Wealth Group LLC raised its stake in shares of iShares Convertible Bond ETF by 160.7% in the fourth quarter. CIBC Private Wealth Group LLC now owns 610 shares of the company’s stock valued at $60,000 after acquiring an additional 376 shares in the last quarter. Finally, NBT Bank N A NY boosted its holdings in iShares Convertible Bond ETF by 527.3% in the first quarter. NBT Bank N A NY now owns 621 shares of the company’s stock valued at $63,000 after purchasing an additional 522 shares during the period.
iShares Convertible Bond ETF Price Performance
ICVT opened at $114.78 on Tuesday. iShares Convertible Bond ETF has a 12 month low of $94.12 and a 12 month high of $126.56. The business has a fifty day moving average price of $115.72 and a 200 day moving average price of $113.22.
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. ICVT was launched on Jun 2, 2015 and is managed by BlackRock.
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