SG Americas Securities LLC Sells 13,307 Shares of iShares Convertible Bond ETF $ICVT

SG Americas Securities LLC lessened its holdings in iShares Convertible Bond ETF (BATS:ICVT) by 71.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 5,333 shares of the company’s stock after selling 13,307 shares during the quarter. SG Americas Securities LLC’s holdings in iShares Convertible Bond ETF were worth $525,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Steigerwald Gordon & Koch Inc. bought a new stake in shares of iShares Convertible Bond ETF in the third quarter valued at about $26,000. Sound Income Strategies LLC boosted its position in shares of iShares Convertible Bond ETF by 585.4% in the third quarter. Sound Income Strategies LLC now owns 281 shares of the company’s stock valued at $29,000 after acquiring an additional 240 shares during the period. Sunbelt Securities Inc. boosted its position in shares of iShares Convertible Bond ETF by 36.5% in 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. Huntington National Bank raised its stake in iShares Convertible Bond ETF by 54,600.0% in the third quarter. Huntington National Bank now owns 547 shares of the company’s stock valued at $55,000 after purchasing an additional 546 shares in the last quarter. Finally, Cape Investment Advisory Inc. raised its stake in iShares Convertible Bond ETF by 73.1% in the third quarter. Cape Investment Advisory Inc. now owns 611 shares of the company’s stock valued at $61,000 after purchasing an additional 258 shares in the last quarter.

iShares Convertible Bond ETF Price Performance

ICVT stock opened at $107.64 on Monday. The business has a 50-day simple moving average of $103.97 and a 200 day simple moving average of $102.04. iShares Convertible Bond ETF has a 52 week low of $79.80 and a 52 week high of $108.40.

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.