Ameritas Advisory Services LLC Cuts Stock Position in iShares Convertible Bond ETF $ICVT

Ameritas Advisory Services LLC lessened its holdings in shares of iShares Convertible Bond ETF (BATS:ICVT) by 99.6% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 273 shares of the company’s stock after selling 61,834 shares during the quarter. Ameritas Advisory Services LLC’s holdings in iShares Convertible Bond ETF were worth $27,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently made changes to their positions in ICVT. Assetmark Inc. lifted its holdings in iShares Convertible Bond ETF by 167.5% during the 3rd quarter. Assetmark Inc. now owns 214,298 shares of the company’s stock worth $21,441,000 after buying an additional 134,193 shares in the last quarter. Savvy Advisors Inc. increased its position in shares of iShares Convertible Bond ETF by 50.2% during the third quarter. Savvy Advisors Inc. now owns 12,208 shares of the company’s stock worth $1,221,000 after acquiring an additional 4,080 shares during the period. Onyx Bridge Wealth Group LLC increased its position in shares of iShares Convertible Bond ETF by 246.5% during the third quarter. Onyx Bridge Wealth Group LLC now owns 81,658 shares of the company’s stock worth $8,170,000 after acquiring an additional 58,092 shares during the period. Wealthfront Advisers LLC raised its stake in shares of iShares Convertible Bond ETF by 20.6% in the third quarter. Wealthfront Advisers LLC now owns 5,929 shares of the company’s stock valued at $593,000 after acquiring an additional 1,013 shares in the last quarter. Finally, Oppenheimer & Co. Inc. boosted its holdings in iShares Convertible Bond ETF by 1.1% in the third quarter. Oppenheimer & Co. Inc. now owns 9,283 shares of the company’s stock valued at $929,000 after purchasing an additional 102 shares during the period.

iShares Convertible Bond ETF Stock Performance

Shares of BATS ICVT opened at $105.05 on Friday. The stock’s 50-day moving average is $102.26 and its two-hundred day moving average is $99.83. iShares Convertible Bond ETF has a 1-year low of $77.02 and a 1-year high of $106.32.

iShares Convertible Bond ETF 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. ICVT was launched on Jun 2, 2015 and is managed by BlackRock.