iShares Convertible Bond ETF $ICVT Stake Boosted by Point Nemo Capital LLC

Point Nemo Capital LLC increased its holdings in iShares Convertible Bond ETF (BATS:ICVT) by 8.0% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 69,213 shares of the company’s stock after buying an additional 5,147 shares during the quarter. iShares Convertible Bond ETF accounts for about 3.6% of Point Nemo Capital LLC’s investment portfolio, making the stock its 5th largest position. Point Nemo Capital LLC owned approximately 0.25% of iShares Convertible Bond ETF worth $7,817,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in ICVT. Quartz Partners LLC increased its holdings in iShares Convertible Bond ETF by 0.6% during the first quarter. Quartz Partners LLC now owns 20,502 shares of the company’s stock valued at $2,087,000 after buying an additional 120 shares during the last quarter. Security Financial Services INC. raised its position in iShares Convertible Bond ETF by 2.3% in the first quarter. Security Financial Services INC. now owns 5,470 shares of the company’s stock worth $557,000 after acquiring an additional 123 shares during the period. Range Financial Group LLC boosted its stake in shares of iShares Convertible Bond ETF by 2.7% during the 3rd quarter. Range Financial Group LLC now owns 6,080 shares of the company’s stock worth $687,000 after acquiring an additional 161 shares during the last quarter. Capital Wealth Management LLC boosted its stake in shares of iShares Convertible Bond ETF by 0.3% during the 2nd quarter. Capital Wealth Management LLC now owns 52,556 shares of the company’s stock worth $6,398,000 after acquiring an additional 165 shares during the last quarter. Finally, McNaughton Wealth Management LLC grew its position in shares of iShares Convertible Bond ETF by 7.8% during the 3rd quarter. McNaughton Wealth Management LLC now owns 2,562 shares of the company’s stock valued at $289,000 after acquiring an additional 186 shares during the period.

iShares Convertible Bond ETF Price Performance

Shares of ICVT stock opened at $101.68 on Friday. iShares Convertible Bond ETF has a 1 year low of $94.41 and a 1 year high of $126.56. The firm has a fifty day moving average price of $110.42 and a 200-day moving average price of $111.58.

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.