iShares Convertible Bond ETF $ICVT Shares Bought by Independence Financial Advisors LLC

by · The Markets Daily

Independence Financial Advisors LLC lifted its position in shares of iShares Convertible Bond ETF (BATS:ICVTFree Report) by 244.1% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 118,255 shares of the company’s stock after buying an additional 83,886 shares during the period. iShares Convertible Bond ETF makes up about 3.6% of Independence Financial Advisors LLC’s holdings, making the stock its 11th biggest holding. Independence Financial Advisors LLC’s holdings in iShares Convertible Bond ETF were worth $11,831,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in ICVT. Front Row Advisors LLC grew its position in iShares Convertible Bond ETF by 4.1% during the second quarter. Front Row Advisors LLC now owns 3,192 shares of the company’s stock valued at $288,000 after acquiring an additional 125 shares during the period. Capital Wealth Management LLC lifted its stake in shares of iShares Convertible Bond ETF by 0.4% in the 2nd quarter. Capital Wealth Management LLC now owns 37,826 shares of the company’s stock valued at $3,408,000 after purchasing an additional 149 shares in the last quarter. Global Financial Private Client LLC grew its holdings in shares of iShares Convertible Bond ETF by 1.4% during the 2nd quarter. Global Financial Private Client LLC now owns 11,566 shares of the company’s stock worth $1,042,000 after purchasing an additional 155 shares during the period. Savvy Advisors Inc. increased its position in iShares Convertible Bond ETF by 2.1% during the 2nd quarter. Savvy Advisors Inc. now owns 8,128 shares of the company’s stock worth $732,000 after purchasing an additional 166 shares in the last quarter. Finally, CW Advisors LLC raised its holdings in iShares Convertible Bond ETF by 0.5% in the second quarter. CW Advisors LLC now owns 35,684 shares of the company’s stock valued at $3,215,000 after buying an additional 180 shares during the period.

iShares Convertible Bond ETF Stock Up 19.4%

Shares of ICVT stock opened at $101.67 on Friday. iShares Convertible Bond ETF has a fifty-two week low of $75.97 and a fifty-two week high of $93.29. The firm’s 50 day moving average price is $99.73 and its two-hundred day moving average price is $97.19.

iShares Convertible Bond ETF Profile

(Free Report)

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.

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