iShares Convertible Bond ETF $ICVT Shares Sold by CFS Investment Advisory Services LLC

CFS Investment Advisory Services LLC trimmed its position in iShares Convertible Bond ETF (BATS:ICVT) by 25.6% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 13,019 shares of the company’s stock after selling 4,471 shares during the period. CFS Investment Advisory Services LLC’s holdings in iShares Convertible Bond ETF were worth $1,459,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Focus Partners Wealth acquired a new stake in iShares Convertible Bond ETF in the first quarter worth $663,000. Creative Planning acquired a new stake in iShares Convertible Bond ETF during the 2nd quarter valued at $350,000. Qube Research & Technologies Ltd boosted its position in iShares Convertible Bond ETF by 144.6% during the 2nd quarter. Qube Research & Technologies Ltd now owns 3,331 shares of the company’s stock worth $300,000 after acquiring an additional 1,969 shares during the period. BNP Paribas Financial Markets grew its position in iShares Convertible Bond ETF by 137.1% during the second quarter. BNP Paribas Financial Markets now owns 54,066 shares of the company’s stock valued at $4,871,000 after purchasing an additional 31,263 shares in the last quarter. Finally, MML Investors Services LLC boosted its position in iShares Convertible Bond ETF by 7.5% during the second quarter. MML Investors Services LLC now owns 143,831 shares of the company’s stock valued at $12,959,000 after purchasing an additional 9,991 shares during the last quarter.

iShares Convertible Bond ETF Price Performance

Shares of BATS ICVT opened at $118.56 on Friday. The business has a 50 day simple moving average of $119.05 and a 200 day simple moving average of $109.46. iShares Convertible Bond ETF has a 52 week low of $90.47 and a 52 week high of $126.56.

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.