iShares Convertible Bond ETF $ICVT Shares Bought by Arkadios Wealth Advisors

Arkadios Wealth Advisors grew its stake in shares of iShares Convertible Bond ETF (BATS:ICVT) by 300.0% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 11,763 shares of the company’s stock after acquiring an additional 8,822 shares during the period. Arkadios Wealth Advisors’ holdings in iShares Convertible Bond ETF were worth $1,177,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Independent Wealth Network Inc. raised its position in iShares Convertible Bond ETF by 5.9% during the second quarter. Independent Wealth Network Inc. now owns 7,182 shares of the company’s stock worth $647,000 after acquiring an additional 397 shares during the last quarter. B. Riley Wealth Advisors Inc. purchased a new position in shares of iShares Convertible Bond ETF during the 2nd quarter worth approximately $2,278,000. AE Wealth Management LLC increased its stake in shares of iShares Convertible Bond ETF by 310.9% during the 2nd quarter. AE Wealth Management LLC now owns 48,905 shares of the company’s stock worth $4,406,000 after purchasing an additional 37,004 shares in the last quarter. Croban raised its position in shares of iShares Convertible Bond ETF by 12.6% during the 2nd quarter. Croban now owns 11,542 shares of the company’s stock worth $1,040,000 after purchasing an additional 1,292 shares during the last quarter. Finally, Private Trust Co. NA lifted its stake in iShares Convertible Bond ETF by 24.1% in the 2nd quarter. Private Trust Co. NA now owns 3,978 shares of the company’s stock valued at $358,000 after buying an additional 773 shares in the last quarter.

iShares Convertible Bond ETF Trading Up 21.9%

Shares of BATS:ICVT opened at $103.79 on Friday. The business’s fifty day moving average price is $100.11 and its two-hundred day moving average price is $98.12. iShares Convertible Bond ETF has a one year low of $75.97 and a one year high of $93.29.

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.