Croban raised its holdings in iShares Convertible Bond ETF (BATS:ICVT – Free Report) by 12.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 11,542 shares of the company’s stock after buying an additional 1,292 shares during the quarter. Croban’s holdings in iShares Convertible Bond ETF were worth $1,040,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently bought and sold shares of ICVT. Columbia River Financial Group LLC bought a new stake in iShares Convertible Bond ETF in the 1st quarter valued at $29,000. Wealth Preservation Advisors LLC bought a new stake in iShares Convertible Bond ETF in the 1st quarter valued at $29,000. Cape Investment Advisory Inc. increased its holdings in iShares Convertible Bond ETF by 171.0% in the 1st quarter. Cape Investment Advisory Inc. now owns 355 shares of the company’s stock valued at $30,000 after buying an additional 224 shares during the period. Anderson Financial Strategies LLC bought a new stake in iShares Convertible Bond ETF in the 1st quarter valued at $39,000. Finally, Abound Wealth Management bought a new stake in iShares Convertible Bond ETF in the 1st quarter valued at $42,000.
iShares Convertible Bond ETF Price Performance
Shares of iShares Convertible Bond ETF stock opened at $100.40 on Friday. The company’s fifty day moving average price is $96.32 and its two-hundred day moving average price is $90.19. iShares Convertible Bond ETF has a 52-week low of $75.97 and a 52-week high of $93.29.
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.
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