Cetera Investment Advisers trimmed its position in shares of iShares Convertible Bond ETF (BATS:ICVT – Free Report) by 12.0% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 203,737 shares of the company’s stock after selling 27,794 shares during the quarter. Cetera Investment Advisers owned approximately 0.70% of iShares Convertible Bond ETF worth $17,034,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors have also made changes to their positions in ICVT. Columbia River Financial Group LLC acquired a new position in shares of iShares Convertible Bond ETF during the 1st quarter worth $29,000. Abound Wealth Management acquired a new position in shares of iShares Convertible Bond ETF during the 1st quarter worth $42,000. Sunbelt Securities Inc. lifted its holdings in iShares Convertible Bond ETF by 76.1% in the 1st quarter. Sunbelt Securities Inc. now owns 502 shares of the company’s stock worth $42,000 after purchasing an additional 217 shares during the last quarter. Franklin Resources Inc. acquired a new stake in iShares Convertible Bond ETF in the 4th quarter worth approximately $62,000. Finally, LGT Financial Advisors LLC lifted its holdings in iShares Convertible Bond ETF by 77.6% in the 4th quarter. LGT Financial Advisors LLC now owns 934 shares of the company’s stock worth $79,000 after purchasing an additional 408 shares during the last quarter.
iShares Convertible Bond ETF Price Performance
Shares of ICVT stock opened at $92.76 on Tuesday. iShares Convertible Bond ETF has a 12-month low of $75.97 and a 12-month high of $93.29. The firm has a 50-day moving average price of $89.37 and a 200 day moving average price of $86.69.
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.
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