iShares Convertible Bond ETF $ICVT Shares Bought by Park Avenue Securities LLC

Park Avenue Securities LLC grew its position in iShares Convertible Bond ETF (BATS:ICVT) by 19.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 63,865 shares of the company’s stock after acquiring an additional 10,584 shares during the period. Park Avenue Securities LLC owned about 0.23% of iShares Convertible Bond ETF worth $6,291,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Allianz Asset Management GmbH acquired a new stake in shares of iShares Convertible Bond ETF in the 3rd quarter valued at approximately $2,701,000. AMG National Trust Bank grew its holdings in iShares Convertible Bond ETF by 1.8% during 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 period. B. Riley Wealth Advisors Inc. acquired a new position in iShares Convertible Bond ETF during the second quarter worth $2,278,000. Arete Wealth Advisors LLC raised its position in iShares Convertible Bond ETF by 328.4% in the third quarter. Arete Wealth Advisors LLC now owns 10,497 shares of the company’s stock worth $1,051,000 after acquiring an additional 8,047 shares in the last quarter. Finally, Assetmark Inc. raised its position in iShares Convertible Bond ETF by 167.5% in the third quarter. Assetmark Inc. now owns 214,298 shares of the company’s stock worth $21,441,000 after acquiring an additional 134,193 shares in the last quarter.

iShares Convertible Bond ETF Price Performance

iShares Convertible Bond ETF stock opened at $102.46 on Friday. iShares Convertible Bond ETF has a one year low of $77.02 and a one year high of $106.32. The business has a fifty day moving average of $103.95 and a two-hundred day moving average of $101.34.

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.