iShares Convertible Bond ETF $ICVT Stock Position Raised by Lido Advisors LLC

Lido Advisors LLC boosted its position in shares of iShares Convertible Bond ETF (BATS:ICVT) by 225.4% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 19,358 shares of the company’s stock after purchasing an additional 13,409 shares during the period. Lido Advisors LLC owned 0.07% of iShares Convertible Bond ETF worth $1,970,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in ICVT. Prestige Wealth Management Group LLC raised its position in iShares Convertible Bond ETF by 0.9% during the first quarter. Prestige Wealth Management Group LLC now owns 297,589 shares of the company’s stock valued at $30,292,000 after buying an additional 2,570 shares during the period. CacheTech Inc. grew its stake in iShares Convertible Bond ETF by 1.1% during the 1st quarter. CacheTech Inc. now owns 141,110 shares of the company’s stock valued at $14,364,000 after acquiring an additional 1,602 shares in the last quarter. Parallel Advisors LLC increased its holdings in shares of iShares Convertible Bond ETF by 28.8% in the 1st quarter. Parallel Advisors LLC now owns 2,305 shares of the company’s stock valued at $235,000 after purchasing an additional 515 shares during the period. Hershey Financial Advisers LLC acquired a new position in shares of iShares Convertible Bond ETF in the 1st quarter valued at about $6,421,000. Finally, Aire Advisors LLC lifted its position in shares of iShares Convertible Bond ETF by 1.6% in the first quarter. Aire Advisors LLC now owns 126,721 shares of the company’s stock worth $12,899,000 after purchasing an additional 1,949 shares in the last quarter.

iShares Convertible Bond ETF Stock Performance

iShares Convertible Bond ETF stock opened at $113.75 on Monday. The firm’s 50 day moving average price is $118.84 and its two-hundred day moving average price is $110.70. iShares Convertible Bond ETF has a twelve month low of $90.77 and a twelve month high of $126.56.

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.