iShares Convertible Bond ETF $ICVT Shares Acquired by Cambria Investment Management L.P.

Cambria Investment Management L.P. increased its position in shares of iShares Convertible Bond ETF (BATS:ICVT) by 43.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 43,283 shares of the company’s stock after acquiring an additional 13,110 shares during the period. Cambria Investment Management L.P.’s holdings in iShares Convertible Bond ETF were worth $4,330,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of ICVT. Steigerwald Gordon & Koch Inc. acquired a new stake in iShares Convertible Bond ETF in the 3rd quarter valued at about $26,000. Sound Income Strategies LLC lifted its position in shares of iShares Convertible Bond ETF by 585.4% in the 3rd quarter. Sound Income Strategies LLC now owns 281 shares of the company’s stock valued at $29,000 after acquiring an additional 240 shares in the last quarter. Sunbelt Securities Inc. lifted its position in shares of iShares Convertible Bond ETF by 36.5% in the 3rd quarter. Sunbelt Securities Inc. now owns 389 shares of the company’s stock valued at $39,000 after acquiring an additional 104 shares in the last quarter. Huntington National Bank boosted its stake in iShares Convertible Bond ETF by 54,600.0% in the 3rd quarter. Huntington National Bank now owns 547 shares of the company’s stock worth $55,000 after purchasing an additional 546 shares during the period. Finally, Ashton Thomas Securities LLC purchased a new position in iShares Convertible Bond ETF during the 3rd quarter worth approximately $62,000.

iShares Convertible Bond ETF Price Performance

Shares of BATS:ICVT opened at $104.79 on Friday. The company’s fifty day moving average is $103.93 and its two-hundred day moving average is $101.23. iShares Convertible Bond ETF has a 12-month low of $77.02 and a 12-month high of $106.32.

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. ICVT was launched on Jun 2, 2015 and is managed by BlackRock.