Cassilly Financial Group LLC Acquires Shares of 8,367 iShares Convertible Bond ETF $ICVT

Cassilly Financial Group LLC bought a new stake in iShares Convertible Bond ETF (BATS:ICVT) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm bought 8,367 shares of the company’s stock, valued at approximately $824,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Bank of America Corp DE raised its stake in iShares Convertible Bond ETF by 3.2% during the third quarter. Bank of America Corp DE now owns 2,647,316 shares of the company’s stock worth $264,864,000 after acquiring an additional 82,318 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in shares of iShares Convertible Bond ETF by 33.8% during the third 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 last quarter. AMG National Trust Bank increased its holdings in shares of 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 buying an additional 8,715 shares in the last quarter. Advisory Alpha LLC increased its holdings in shares of iShares Convertible Bond ETF by 3.6% during the third quarter. Advisory Alpha LLC now owns 449,503 shares of the company’s stock worth $45,672,000 after buying an additional 15,566 shares in the last quarter. Finally, Greenleaf Trust lifted its stake in shares of iShares Convertible Bond ETF by 0.5% in the 3rd quarter. Greenleaf Trust now owns 447,550 shares of the company’s stock valued at $44,777,000 after acquiring an additional 2,270 shares during the last quarter.

iShares Convertible Bond ETF Price Performance

BATS ICVT opened at $99.15 on Tuesday. iShares Convertible Bond ETF has a twelve month low of $77.02 and a twelve month high of $106.32. The business’s fifty day moving average is $103.85 and its 200 day moving average is $101.66.

iShares Convertible Bond ETF 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.