Advisory Alpha LLC Has $45.67 Million Stock Holdings in iShares Convertible Bond ETF $ICVT

Advisory Alpha LLC grew its stake in shares of iShares Convertible Bond ETF (BATS:ICVT) by 3.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 449,503 shares of the company’s stock after acquiring an additional 15,566 shares during the period. iShares Convertible Bond ETF accounts for 1.3% of Advisory Alpha LLC’s holdings, making the stock its 16th largest position. Advisory Alpha LLC owned about 1.61% of iShares Convertible Bond ETF worth $45,672,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of ICVT. Oppenheimer & Co. Inc. raised its stake in iShares Convertible Bond ETF by 1.1% during the third quarter. Oppenheimer & Co. Inc. now owns 9,283 shares of the company’s stock worth $929,000 after acquiring an additional 102 shares in the last quarter. First Heartland Consultants Inc. boosted its stake in iShares Convertible Bond ETF by 5.5% during the 3rd quarter. First Heartland Consultants Inc. now owns 2,355 shares of the company’s stock valued at $236,000 after purchasing an additional 122 shares during the last quarter. Front Row Advisors LLC lifted its position in shares of iShares Convertible Bond ETF by 4.1% during the second quarter. Front Row Advisors LLC now owns 3,192 shares of the company’s stock valued at $288,000 after purchasing an additional 125 shares in the last quarter. CW Advisors LLC increased its position in shares of iShares Convertible Bond ETF by 0.5% during the 2nd quarter. CW Advisors LLC now owns 35,684 shares of the company’s stock valued at $3,215,000 after purchasing an additional 180 shares during the last quarter. Finally, Sagespring Wealth Partners LLC grew its holdings in iShares Convertible Bond ETF by 1.1% during the third quarter. Sagespring Wealth Partners LLC now owns 19,323 shares of the company’s stock valued at $1,933,000 after purchasing an additional 219 shares during the period.

iShares Convertible Bond ETF Price Performance

Shares of ICVT opened at $104.42 on Thursday. iShares Convertible Bond ETF has a 52-week low of $77.02 and a 52-week high of $106.32. The stock’s 50-day simple moving average is $103.21 and its 200 day simple moving average is $100.52.

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. ICVT was launched on Jun 2, 2015 and is managed by BlackRock.