Ascent Group LLC Has $3.04 Million Stock Position in iShares Convertible Bond ETF $ICVT

Ascent Group LLC boosted its position in shares of iShares Convertible Bond ETF (BATS:ICVT) by 25.8% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 30,816 shares of the company’s stock after purchasing an additional 6,314 shares during the period. Ascent Group LLC’s holdings in iShares Convertible Bond ETF were worth $3,035,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Oppenheimer & Co. Inc. increased its holdings in shares of iShares Convertible Bond ETF by 1.1% during the third quarter. Oppenheimer & Co. Inc. now owns 9,283 shares of the company’s stock worth $929,000 after buying an additional 102 shares in the last quarter. Sunbelt Securities Inc. boosted its holdings 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 worth $39,000 after acquiring an additional 104 shares in the last quarter. First Heartland Consultants Inc. boosted its holdings in shares of iShares Convertible Bond ETF by 5.5% in the 3rd quarter. First Heartland Consultants Inc. now owns 2,355 shares of the company’s stock worth $236,000 after acquiring an additional 122 shares in the last quarter. Front Row Advisors LLC grew its position in iShares Convertible Bond ETF by 4.1% during the 2nd quarter. Front Row Advisors LLC now owns 3,192 shares of the company’s stock worth $288,000 after acquiring an additional 125 shares during the last quarter. Finally, CW Advisors LLC grew its position in iShares Convertible Bond ETF by 0.5% during the 2nd quarter. CW Advisors LLC now owns 35,684 shares of the company’s stock worth $3,215,000 after acquiring an additional 180 shares during the last quarter.

iShares Convertible Bond ETF Price Performance

ICVT stock opened at $103.89 on Monday. The business has a fifty day moving average price of $103.81 and a 200 day moving average price of $101.81. iShares Convertible Bond ETF has a fifty-two week low of $77.02 and a fifty-two week high of $106.32.

iShares Convertible Bond ETF 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.