CacheTech Inc. lessened its holdings in iShares Convertible Bond ETF (BATS:ICVT – Free Report) by 4.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 167,786 shares of the company’s stock after selling 7,182 shares during the period. iShares Convertible Bond ETF comprises about 2.8% of CacheTech Inc.’s portfolio, making the stock its 5th largest holding. CacheTech Inc. owned 0.60% of iShares Convertible Bond ETF worth $15,118,000 at the end of the most recent quarter.
Other hedge funds also recently bought and sold shares of the company. Wealth Preservation Advisors LLC purchased a new stake in shares of iShares Convertible Bond ETF in the first quarter valued at approximately $29,000. Cape Investment Advisory Inc. lifted its position in shares of iShares Convertible Bond ETF by 171.0% during 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 in the last quarter. Anderson Financial Strategies LLC acquired a new stake in iShares Convertible Bond ETF in the 1st quarter valued at $39,000. Private Wealth Asset Management LLC acquired a new stake in iShares Convertible Bond ETF in the 2nd quarter valued at $48,000. Finally, Vermillion & White Wealth Management Group LLC increased its holdings in iShares Convertible Bond ETF by 537.6% in the 1st quarter. Vermillion & White Wealth Management Group LLC now owns 746 shares of the company’s stock worth $62,000 after acquiring an additional 629 shares in the last quarter.
iShares Convertible Bond ETF Stock Performance
BATS:ICVT opened at $99.48 on Monday. iShares Convertible Bond ETF has a fifty-two week low of $75.97 and a fifty-two week high of $93.29. The company has a fifty day moving average of $100.80 and a two-hundred day moving average of $95.60.
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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