TSA Wealth Managment LLC Sells 5,073 Shares of iShares Convertible Bond ETF $ICVT

TSA Wealth Managment LLC cut its holdings in shares of iShares Convertible Bond ETF (BATS:ICVT) by 24.4% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 15,719 shares of the company’s stock after selling 5,073 shares during the period. TSA Wealth Managment LLC’s holdings in iShares Convertible Bond ETF were worth $1,600,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in the business. Sunbelt Securities Inc. grew its position in shares of iShares Convertible Bond ETF by 36.5% during the 3rd quarter. Sunbelt Securities Inc. now owns 389 shares of the company’s stock worth $39,000 after buying an additional 104 shares during the period. Csenge Advisory Group raised its stake in shares of iShares Convertible Bond ETF by 4.5% during the fourth quarter. Csenge Advisory Group now owns 3,071 shares of the company’s stock worth $302,000 after buying an additional 131 shares during the last quarter. Sowell Financial Services LLC lifted its holdings in iShares Convertible Bond ETF by 5.1% in the fourth quarter. Sowell Financial Services LLC now owns 2,969 shares of the company’s stock valued at $292,000 after buying an additional 143 shares during the period. Key Financial Inc lifted its holdings in iShares Convertible Bond ETF by 1.3% in the fourth quarter. Key Financial Inc now owns 11,820 shares of the company’s stock valued at $1,164,000 after buying an additional 146 shares during the period. Finally, Invst LLC lifted its holdings in iShares Convertible Bond ETF by 2.9% in the fourth quarter. Invst LLC now owns 5,290 shares of the company’s stock valued at $521,000 after buying an additional 147 shares during the period.

iShares Convertible Bond ETF Price Performance

ICVT stock traded down $0.64 during midday trading on Friday, reaching $117.92. The company’s stock had a trading volume of 484,735 shares, compared to its average volume of 822,862. The business’s 50-day simple moving average is $119.19 and its 200-day simple moving average is $109.52. iShares Convertible Bond ETF has a 52 week low of $90.68 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.