Trek Financial LLC Purchases 41,965 Shares of iShares Convertible Bond ETF $ICVT

Trek Financial LLC increased its stake in shares of iShares Convertible Bond ETF (BATS:ICVT) by 857.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 46,861 shares of the company’s stock after buying an additional 41,965 shares during the quarter. Trek Financial LLC owned about 0.17% of iShares Convertible Bond ETF worth $5,292,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in ICVT. AMG National Trust Bank boosted its position in shares of iShares Convertible Bond ETF by 7.4% during the 1st quarter. AMG National Trust Bank now owns 565,061 shares of the company’s stock valued at $57,518,000 after purchasing an additional 39,016 shares in the last quarter. Prestige Wealth Management Group LLC boosted 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 purchasing an additional 2,570 shares during the last quarter. Allianz Asset Management GmbH increased its stake in shares of iShares Convertible Bond ETF by 168.3% during the 2nd quarter. Allianz Asset Management GmbH now owns 176,300 shares of the company’s stock worth $21,463,000 after purchasing an additional 110,600 shares during the last quarter. Onyx Bridge Wealth Group LLC raised its stake in shares of iShares Convertible Bond ETF by 45.0% in the 3rd quarter. Onyx Bridge Wealth Group LLC now owns 163,352 shares of the company’s stock valued at $18,448,000 after acquiring an additional 50,712 shares in the last quarter. Finally, Cornerstone Planning Group LLC raised its holdings in iShares Convertible Bond ETF by 5.0% in the 1st quarter. Cornerstone Planning Group LLC now owns 178,460 shares of the company’s stock worth $18,165,000 after acquiring an additional 8,480 shares during the period.

iShares Convertible Bond ETF Price Performance

Shares of iShares Convertible Bond ETF stock opened at $105.17 on Monday. iShares Convertible Bond ETF has a fifty-two week low of $94.41 and a fifty-two week high of $126.56. The firm has a fifty day moving average price of $111.70 and a two-hundred day moving average price of $111.58.

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.