Ascent Group LLC Has $3.04 Million Position in iShares Convertible Bond ETF $ICVT

Ascent Group LLC increased its holdings in shares of iShares Convertible Bond ETF (BATS:ICVT) by 25.8% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 30,816 shares of the company’s stock after purchasing an additional 6,314 shares during the period. Ascent Group LLC owned approximately 0.11% of iShares Convertible Bond ETF worth $3,035,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in ICVT. Oppenheimer & Co. Inc. lifted its stake in shares of 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 buying an additional 102 shares during the period. Sunbelt Securities Inc. increased its stake in iShares Convertible Bond ETF by 36.5% during the third quarter. Sunbelt Securities Inc. now owns 389 shares of the company’s stock valued at $39,000 after acquiring an additional 104 shares during the period. First Heartland Consultants Inc. raised its holdings in iShares Convertible Bond ETF by 5.5% in the 3rd quarter. First Heartland Consultants Inc. now owns 2,355 shares of the company’s stock valued at $236,000 after acquiring an additional 122 shares in the last quarter. Front Row Advisors LLC raised its holdings in iShares Convertible Bond ETF by 4.1% in the 2nd quarter. Front Row Advisors LLC now owns 3,192 shares of the company’s stock valued at $288,000 after acquiring an additional 125 shares in the last quarter. Finally, CW Advisors LLC lifted its position in shares of iShares Convertible Bond ETF by 0.5% in the 2nd quarter. CW Advisors LLC now owns 35,684 shares of the company’s stock worth $3,215,000 after acquiring an additional 180 shares during the period.

iShares Convertible Bond ETF Price Performance

Shares of BATS:ICVT opened at $103.89 on Monday. iShares Convertible Bond ETF has a 1-year low of $77.02 and a 1-year high of $106.32. The business’s 50 day moving average is $103.81 and its 200-day moving average is $101.81.

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.