iShares Convertible Bond ETF $ICVT Shares Sold by Sagespring Wealth Partners LLC

Sagespring Wealth Partners LLC reduced its stake in iShares Convertible Bond ETF (BATS:ICVT) by 44.7% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 10,690 shares of the company’s stock after selling 8,633 shares during the quarter. Sagespring Wealth Partners LLC’s holdings in iShares Convertible Bond ETF were worth $1,053,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of ICVT. Central Pacific Bank Trust Division grew its position in iShares Convertible Bond ETF by 11.7% during the 4th quarter. Central Pacific Bank Trust Division now owns 41,909 shares of the company’s stock worth $4,128,000 after purchasing an additional 4,403 shares during the last quarter. Park Avenue Securities LLC raised its holdings in shares of iShares Convertible Bond ETF by 19.9% in the fourth quarter. Park Avenue Securities LLC now owns 63,865 shares of the company’s stock worth $6,291,000 after buying an additional 10,584 shares during the last quarter. City Center Advisors LLC raised its holdings in shares of iShares Convertible Bond ETF by 7.7% in the fourth quarter. City Center Advisors LLC now owns 2,921 shares of the company’s stock worth $288,000 after buying an additional 210 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in shares of iShares Convertible Bond ETF by 13.6% during the third quarter. JPMorgan Chase & Co. now owns 215,078 shares of the company’s stock worth $21,519,000 after buying an additional 25,807 shares during the period. Finally, Cape Investment Advisory Inc. lifted its stake in shares of iShares Convertible Bond ETF by 73.1% during the third quarter. Cape Investment Advisory Inc. now owns 611 shares of the company’s stock worth $61,000 after buying an additional 258 shares during the period.

iShares Convertible Bond ETF Price Performance

Shares of ICVT opened at $102.46 on Monday. The company’s fifty day moving average price is $103.95 and its 200-day moving average price is $101.39. iShares Convertible Bond ETF has a 1-year low of $77.02 and a 1-year 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.