McNaughton Wealth Management LLC Cuts Stock Position in iShares Convertible Bond ETF $ICVT

McNaughton Wealth Management LLC decreased its position in iShares Convertible Bond ETF (BATS:ICVT) by 33.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,588 shares of the company’s stock after selling 2,317 shares during the period. McNaughton Wealth Management LLC’s holdings in iShares Convertible Bond ETF were worth $413,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in ICVT. Capital Analysts LLC raised its stake in shares of iShares Convertible Bond ETF by 3.0% during the 1st quarter. Capital Analysts LLC now owns 4,407 shares of the company’s stock valued at $369,000 after purchasing an additional 129 shares during the period. Farther Finance Advisors LLC increased its stake in iShares Convertible Bond ETF by 1.2% in the 1st quarter. Farther Finance Advisors LLC now owns 10,849 shares of the company’s stock worth $908,000 after acquiring an additional 130 shares during the last quarter. Barnes Wealth Management Group Inc increased its stake in iShares Convertible Bond ETF by 4.3% in the 1st quarter. Barnes Wealth Management Group Inc now owns 3,283 shares of the company’s stock worth $274,000 after acquiring an additional 134 shares during the last quarter. Capital Wealth Management LLC increased its stake in iShares Convertible Bond ETF by 0.4% in the 1st quarter. Capital Wealth Management LLC now owns 37,677 shares of the company’s stock worth $3,150,000 after acquiring an additional 147 shares during the last quarter. Finally, Csenge Advisory Group increased its stake in iShares Convertible Bond ETF by 4.3% in the 1st quarter. Csenge Advisory Group now owns 3,593 shares of the company’s stock worth $293,000 after acquiring an additional 148 shares during the last quarter.

iShares Convertible Bond ETF Stock Performance

Shares of BATS ICVT opened at $101.78 on Friday. The stock’s 50-day simple moving average is $95.37 and its two-hundred day simple moving average is $89.62. iShares Convertible Bond ETF has a twelve month low of $75.97 and a twelve month high of $93.29.

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.