JNBA Financial Advisors Makes New Investment in iShares Convertible Bond ETF $ICVT

JNBA Financial Advisors acquired a new position in shares of iShares Convertible Bond ETF (BATS:ICVTFree Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 58,470 shares of the company’s stock, valued at approximately $7,118,000. JNBA Financial Advisors owned approximately 0.21% of iShares Convertible Bond ETF as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. World Investment Advisors bought a new stake in iShares Convertible Bond ETF during the fourth quarter worth $414,000. Plan Group Financial LLC lifted its stake in iShares Convertible Bond ETF by 23.3% in the fourth quarter. Plan Group Financial LLC now owns 57,309 shares of the company’s stock valued at $5,645,000 after acquiring an additional 10,819 shares during the last quarter. Ocean Park Asset Management LLC bought a new position in shares of iShares Convertible Bond ETF in the 1st quarter valued at about $42,772,000. Fifth Third Bancorp bought a new position in shares of iShares Convertible Bond ETF in the 1st quarter valued at about $560,000. Finally, Entelevest LLC acquired a new position in shares of iShares Convertible Bond ETF during the 4th quarter worth about $599,000.

iShares Convertible Bond ETF Stock Performance

iShares Convertible Bond ETF stock opened at $114.25 on Monday. The company’s 50-day moving average is $116.61 and its 200-day moving average is $112.83. iShares Convertible Bond ETF has a fifty-two week low of $93.23 and a fifty-two week high of $126.56.

iShares Convertible Bond ETF Company 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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Institutional Ownership by Quarter for iShares Convertible Bond ETF (BATS:ICVT)

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