iShares Convertible Bond ETF $ICVT Shares Acquired by Assetmark Inc.

Assetmark Inc. increased its position in iShares Convertible Bond ETF (BATS:ICVT) by 167.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 214,298 shares of the company’s stock after buying an additional 134,193 shares during the quarter. Assetmark Inc.’s holdings in iShares Convertible Bond ETF were worth $21,441,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. Envestnet Asset Management Inc. lifted its stake in iShares Convertible Bond ETF by 33.8% during the third quarter. Envestnet Asset Management Inc. now owns 1,248,931 shares of the company’s stock valued at $124,956,000 after purchasing an additional 315,685 shares during the last quarter. Ocean Park Asset Management LLC acquired a new position in iShares Convertible Bond ETF in the third quarter worth approximately $22,001,000. Independence Financial Advisors LLC increased its holdings in shares of iShares Convertible Bond ETF by 244.1% in the third quarter. Independence Financial Advisors LLC now owns 118,255 shares of the company’s stock valued at $11,831,000 after buying an additional 83,886 shares in the last quarter. Financial Gravity Companies Inc. acquired a new stake in shares of iShares Convertible Bond ETF during the 2nd quarter valued at $7,513,000. Finally, Systelligence LLC lifted its position in shares of iShares Convertible Bond ETF by 103.2% during the 2nd quarter. Systelligence LLC now owns 161,188 shares of the company’s stock valued at $14,523,000 after acquiring an additional 81,860 shares during the last quarter.

iShares Convertible Bond ETF Price Performance

ICVT opened at $104.73 on Friday. The business has a fifty day simple moving average of $101.78 and a 200-day simple moving average of $99.38. iShares Convertible Bond ETF has a fifty-two week low of $77.02 and a fifty-two week high of $106.32.

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.