Plan Group Financial LLC Acquires 10,819 Shares of iShares Convertible Bond ETF $ICVT
by Amy Steele · The Cerbat GemPlan Group Financial LLC increased its stake in shares of iShares Convertible Bond ETF (BATS:ICVT – Free Report) by 23.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 57,309 shares of the company’s stock after purchasing an additional 10,819 shares during the quarter. iShares Convertible Bond ETF accounts for 1.5% of Plan Group Financial LLC’s holdings, making the stock its 14th biggest holding. Plan Group Financial LLC owned approximately 0.20% of iShares Convertible Bond ETF worth $5,645,000 as of its most recent filing with the SEC.
Other hedge funds have also recently made changes to their positions in the company. Steigerwald Gordon & Koch Inc. bought a new position in iShares Convertible Bond ETF in the third quarter worth about $26,000. Sunbelt Securities Inc. lifted its position in iShares Convertible Bond ETF by 36.5% during the third quarter. Sunbelt Securities Inc. now owns 389 shares of the company’s stock valued at $39,000 after acquiring an additional 104 shares during the last quarter. Huntington National Bank grew its holdings in iShares Convertible Bond ETF by 54,600.0% in the third quarter. Huntington National Bank now owns 547 shares of the company’s stock worth $55,000 after purchasing an additional 546 shares during the last quarter. Cape Investment Advisory Inc. increased its position in shares of iShares Convertible Bond ETF by 73.1% during the third quarter. Cape Investment Advisory Inc. now owns 611 shares of the company’s stock worth $61,000 after purchasing an additional 258 shares in the last quarter. Finally, Ashton Thomas Securities LLC purchased a new position in shares of iShares Convertible Bond ETF in the third quarter worth $62,000.
iShares Convertible Bond ETF Price Performance
BATS ICVT opened at $118.29 on Thursday. The stock’s fifty day moving average price is $106.45 and its 200 day moving average price is $103.24. iShares Convertible Bond ETF has a 1 year low of $85.07 and a 1 year high of $118.42.
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.
See Also
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