Global Retirement Partners LLC Raises Stock Position in iShares Convertible Bond ETF $ICVT

Global Retirement Partners LLC raised its stake in shares of iShares Convertible Bond ETF (BATS:ICVT) by 234.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,116 shares of the company’s stock after purchasing an additional 6,392 shares during the period. Global Retirement Partners LLC’s holdings in iShares Convertible Bond ETF were worth $898,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the stock. Envestnet Asset Management Inc. increased its stake in shares of iShares Convertible Bond ETF by 33.8% during the third quarter. Envestnet Asset Management Inc. now owns 1,248,931 shares of the company’s stock worth $124,956,000 after purchasing an additional 315,685 shares in the last quarter. Tradewinds Capital Management LLC lifted its stake in iShares Convertible Bond ETF by 9,488.8% in the 4th quarter. Tradewinds Capital Management LLC now owns 189,666 shares of the company’s stock valued at $18,682,000 after buying an additional 187,688 shares in the last quarter. Systelligence LLC boosted its holdings in iShares Convertible Bond ETF by 168.1% in the 4th quarter. Systelligence LLC now owns 219,777 shares of the company’s stock worth $21,648,000 after buying an additional 137,808 shares during the last quarter. Assetmark Inc. boosted its holdings in iShares Convertible Bond ETF by 167.5% in the 3rd quarter. Assetmark Inc. now owns 214,298 shares of the company’s stock worth $21,441,000 after buying an additional 134,193 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its stake in iShares Convertible Bond ETF by 56.5% during the 3rd quarter. Ameriprise Financial Inc. now owns 253,645 shares of the company’s stock worth $25,525,000 after buying an additional 91,575 shares in the last quarter.

iShares Convertible Bond ETF Price Performance

Shares of iShares Convertible Bond ETF stock opened at $118.38 on Tuesday. The business has a 50 day simple moving average of $109.90 and a two-hundred day simple moving average of $104.59. iShares Convertible Bond ETF has a 12 month low of $86.32 and a 12 month high of $119.71.

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.