C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors Increases Stock Holdings in iShares Convertible Bond ETF $ICVT

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors boosted its holdings in iShares Convertible Bond ETF (BATS:ICVT) by 55.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 16,153 shares of the company’s stock after purchasing an additional 5,781 shares during the quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors owned approximately 0.06% of iShares Convertible Bond ETF worth $1,591,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in ICVT. Allianz Asset Management GmbH purchased a new position in shares of iShares Convertible Bond ETF during the 3rd quarter worth about $2,701,000. AMG National Trust Bank boosted its position in shares of iShares Convertible Bond ETF by 1.8% in the third quarter. AMG National Trust Bank now owns 496,267 shares of the company’s stock worth $49,652,000 after acquiring an additional 8,715 shares during the last quarter. B. Riley Wealth Advisors Inc. purchased a new stake in iShares Convertible Bond ETF in the second quarter valued at approximately $2,278,000. Cassilly Financial Group LLC purchased a new stake in iShares Convertible Bond ETF in the fourth quarter valued at approximately $824,000. Finally, Arete Wealth Advisors LLC increased its position in iShares Convertible Bond ETF by 328.4% during the third quarter. Arete Wealth Advisors LLC now owns 10,497 shares of the company’s stock worth $1,051,000 after purchasing an additional 8,047 shares during the last quarter.

iShares Convertible Bond ETF Price Performance

BATS:ICVT opened at $103.89 on Friday. iShares Convertible Bond ETF has a fifty-two week low of $77.02 and a fifty-two week high of $106.32. The firm’s 50 day moving average is $103.81 and its two-hundred day moving average is $101.76.

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