Assetmark Inc. Purchases 134,193 Shares of iShares Convertible Bond ETF $ICVT

Assetmark Inc. lifted its holdings in shares of iShares Convertible Bond ETF (BATS:ICVT) by 167.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 214,298 shares of the company’s stock after purchasing an additional 134,193 shares during the quarter. Assetmark Inc. owned 0.77% of iShares Convertible Bond ETF worth $21,441,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of ICVT. Envestnet Asset Management Inc. raised its holdings in iShares Convertible Bond ETF by 33.8% during the 3rd quarter. Envestnet Asset Management Inc. now owns 1,248,931 shares of the company’s stock worth $124,956,000 after buying an additional 315,685 shares during the period. New York Life Investment Management LLC increased its position in shares of iShares Convertible Bond ETF by 3.7% during the second quarter. New York Life Investment Management LLC now owns 456,391 shares of the company’s stock worth $41,121,000 after acquiring an additional 16,440 shares in the last quarter. Greenleaf Trust raised its holdings in shares of iShares Convertible Bond ETF by 0.5% during the third quarter. Greenleaf Trust now owns 447,550 shares of the company’s stock worth $44,777,000 after acquiring an additional 2,270 shares during the period. Baker Avenue Asset Management LP lifted its position in iShares Convertible Bond ETF by 2.2% in the 3rd quarter. Baker Avenue Asset Management LP now owns 323,857 shares of the company’s stock valued at $32,402,000 after acquiring an additional 7,078 shares in the last quarter. Finally, Ocean Park Asset Management LLC acquired a new position in iShares Convertible Bond ETF in the 3rd quarter worth $22,001,000.

iShares Convertible Bond ETF Price Performance

Shares of iShares Convertible Bond ETF stock opened at $104.73 on Friday. The business’s 50 day simple moving average is $101.78 and its 200 day simple moving average is $99.38. iShares Convertible Bond ETF has a 52-week low of $77.02 and a 52-week high of $106.32.

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.