Onyx Bridge Wealth Group LLC Boosts Stock Position in iShares Convertible Bond ETF $ICVT

Onyx Bridge Wealth Group LLC increased its stake in shares of iShares Convertible Bond ETF (BATS:ICVT) by 42.6% during the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 118,285 shares of the company’s stock after buying an additional 35,318 shares during the quarter. iShares Convertible Bond ETF comprises 1.3% of Onyx Bridge Wealth Group LLC’s holdings, making the stock its 15th largest position. Onyx Bridge Wealth Group LLC owned 0.42% of iShares Convertible Bond ETF worth $12,040,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Bank of America Corp DE increased its stake in shares of iShares Convertible Bond ETF by 3.2% in the 3rd 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 during the last quarter. LPL Financial LLC boosted its position in shares of iShares Convertible Bond ETF by 20.2% during the 4th quarter. LPL Financial LLC now owns 1,035,083 shares of the company’s stock valued at $101,956,000 after acquiring an additional 174,077 shares during the last quarter. AMG National Trust Bank grew its holdings in shares of iShares Convertible Bond ETF by 6.0% in the fourth quarter. AMG National Trust Bank now owns 526,045 shares of the company’s stock valued at $51,815,000 after purchasing an additional 29,778 shares during the period. Greenleaf Trust grew its holdings in shares of iShares Convertible Bond ETF by 0.8% in the fourth quarter. Greenleaf Trust now owns 451,146 shares of the company’s stock valued at $44,438,000 after purchasing an additional 3,596 shares during the period. Finally, Advisory Alpha LLC increased its position in 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 purchasing an additional 15,566 shares during the last quarter.

iShares Convertible Bond ETF Stock Down 1.8%

Shares of ICVT stock opened at $118.81 on Friday. The firm’s 50-day moving average is $117.82 and its two-hundred day moving average is $108.17. iShares Convertible Bond ETF has a 12 month low of $89.22 and a 12 month high of $126.56.

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.