Assetmark Inc. Decreases Stock Holdings in iShares Convertible Bond ETF $ICVT

Assetmark Inc. reduced its stake in shares of iShares Convertible Bond ETF (BATS:ICVT) by 4.4% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 170,440 shares of the company’s stock after selling 7,886 shares during the period. Assetmark Inc.’s holdings in iShares Convertible Bond ETF were worth $17,349,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Strategic Advocates LLC lifted its position in iShares Convertible Bond ETF by 94.8% during the fourth quarter. Strategic Advocates LLC now owns 372 shares of the company’s stock worth $37,000 after buying an additional 181 shares in the last quarter. Sunbelt Securities Inc. grew its holdings in 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 buying an additional 104 shares in the last quarter. CIBC Private Wealth Group LLC increased its stake in shares of iShares Convertible Bond ETF by 160.7% in the 4th quarter. CIBC Private Wealth Group LLC now owns 610 shares of the company’s stock worth $60,000 after acquiring an additional 376 shares during the last quarter. NBT Bank N A NY increased its stake in shares of iShares Convertible Bond ETF by 527.3% in the 1st quarter. NBT Bank N A NY now owns 621 shares of the company’s stock worth $63,000 after acquiring an additional 522 shares during the last quarter. Finally, Kingdom Financial Group LLC. acquired a new stake in shares of iShares Convertible Bond ETF in the 4th quarter worth $64,000.

iShares Convertible Bond ETF Stock Performance

BATS ICVT opened at $113.74 on Monday. The business’s fifty day simple moving average is $119.11 and its 200-day simple moving average is $110.13. iShares Convertible Bond ETF has a 52 week low of $90.77 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.